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

New York S10100 amends the general municipal law and public authorities law to reform the industrial development authority program. It authorizes the commissioner of taxation and finance to audit industrial development agency (IDA) projects and IDA agents and project operators for compliance with requirements and restrictions. IDAs must post specific information on their websites, including member details, meeting notices, and project descriptions. IDA members must comply with public officers law provisions.

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

New York S10100 amends the general municipal law and public authorities law to reform the industrial development authority program. It authorizes the commissioner of taxation and finance to audit industrial development agency (IDA) projects and IDA agents and project operators for compliance with requirements and restrictions. IDAs must post specific information on their websites, including member details, meeting notices, and project descriptions. IDA members must comply with public officers law provisions.