Prevents use of funds, financial incentives, subsidies, or tax exemptions for projects with undisclosed occupants.
New York Assembly Bill A05261 amends the general municipal law to prohibit the use of funds, financial incentives, subsidies, or tax exemptions for any project where the project occupant is not publicly disclosed at the time of the public hearing. This change applies to projects defined under section eighteen hundred one of the public authorities law. The bill takes effect immediately.
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