Directs the New York State Department of State to provide technical assistance to municipalities affected by college or university closures.
The bill amends the executive law to mandate the New York State Department of State, in collaboration with the Department of Economic Development and the Department of Education, to offer technical assistance to municipalities that have experienced the closure of a college or university. This assistance covers workforce transition, attracting new employers, developing plans for the former college or university's land and buildings, and providing recommendations for dealing with creditors and other financial stakeholders.
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- Critical Issues
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