Expands the authorized purposes of industrial development agencies to include environmental pollution mitigation projects.

The bill amends the general municipal law to include environmental pollution mitigation projects within the authorized purposes of industrial development agencies. These projects can involve equipment, improvements, low or zero-emission vehicle purchases, structures, or facilities aimed at controlling, abating, or preventing pollution. The bill emphasizes the importance of these projects in benefiting minority communities disproportionately affected by industrial pollution. The act will take effect 90 days after becoming law.

Expands the authorized purposes of industrial development agencies to include environmental pollution mitigation projects.

The bill amends the general municipal law to include environmental pollution mitigation projects within the authorized purposes of industrial development agencies. These projects can involve equipment, improvements, low or zero-emission vehicle purchases, structures, or facilities aimed at controlling, abating, or preventing pollution. The bill emphasizes the importance of these projects in benefiting minority communities disproportionately affected by industrial pollution. The act will take effect 90 days after becoming law.