A 835: Requires a business entity in violation of worker protection or environmental laws and regulations to surrender all previous state subsidies issued to such business entity.
This bill aims to amend the economic development law to improve the eligibility criteria for the Excelsior Jobs Program. The key eligibility criteria for businesses applying for the program will include compliance with all worker protection and environmental laws and regulations. Additionally, businesses must not owe past due state or local taxes. If a business entity is found to have violated these laws, it will surrender all previous state subsidies until a full audit by the state comptroller is completed. The changes will take effect immediately.
| Jan. 07, 2026 | referred to economic development |
| Jan. 08, 2025 | referred to economic development |
| Jan. 07, 2025 | referred to economic development |
STATE OF NEW YORK ________________________________________________________________________ 835 2025-2026 Regular Sessions IN ASSEMBLY (Prefiled) January 8, 2025 ___________ Introduced by M. of A. KIM, LUCAS, SEAWRIGHT, REYES -- read once and referred to the Committee on Economic Development AN ACT to amend the economic development law, in relation to the eligi- bility criteria for the excelsior jobs program act The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 6 of section 353 of the economic development 2 law, as amended by section 2 of part G of chapter 61 of the laws of 3 2011, is amended to read as follows: 4 6. A business entity must be in compliance with all worker protection 5 and environmental laws and regulations. In addition, a business entity 6 may not owe past due state taxes or local property taxes. In the event 7 that a business entity is found to have violated such worker protection 8 or environmental laws and regulations, pending a full audit by the state 9 comptroller, the state shall order the surrender of all previous state 10 subsidies issued to such business entity. 11 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD01858-01-5