Reforms the industrial development authority program, authorizes audits, requires website postings, and adds a tax clearance process.

The bill reforms the industrial development authority program by authorizing the commissioner of taxation and finance to audit IDA projects and agents. It requires IDAs to post specific information on their websites, including member details, meeting notices, and project descriptions. The bill mandates IDA members to comply with public officers law provisions. It introduces a tax clearance process, allowing the commissioner to deny clearances for past-due tax liabilities or non-compliance with filing requirements.

Reforms the industrial development authority program, authorizes audits, requires website postings, and adds a tax clearance process.

The bill reforms the industrial development authority program by authorizing the commissioner of taxation and finance to audit IDA projects and agents. It requires IDAs to post specific information on their websites, including member details, meeting notices, and project descriptions. The bill mandates IDA members to comply with public officers law provisions. It introduces a tax clearance process, allowing the commissioner to deny clearances for past-due tax liabilities or non-compliance with filing requirements.