S 3755: Authorizes the empire state development corporation to create funds to compensate communities that have been harmed by land use plans.

New York · Senate · 2025–2026 Legislative Session · last verified January 8, 2026

What S 3755 does, verified January 8, 2026

The bill authorizes the Empire State Development Corporation to create funds to compensate communities that have been harmed by land use plans. The harm can include the closing of small businesses, increased rents, and displacement. This compensation will be provided to communities affected by these land use plans. The bill takes effect immediately.

Bill journey

1IntroducedCurrent

2In CommitteePending

3First Chamber FloorPending

4Second ChamberPending

5GovernorPending

6ChapteredPending

Last action: REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS (2026-01-07)Alert me

Author and sponsors

Sen. Cordell CleareAuthor · New York State Senate

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Recent actions2 total · showing 2

Jan. 07, 2026	REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
Jan. 29, 2025	REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

Latest bill textIntroduced version, January 29, 2025 · 178 words

    STATE OF NEW YORK ________________________________________________________________________ 3755 2025-2026 Regular Sessions  IN SENATE January 29, 2025 ___________ Introduced by Sen. CLEARE -- read twice and ordered printed, and when printed to be committed to the Committee on Commerce, Economic Devel- opment and Small Business AN ACT to authorize the empire state development corporation to create funds to compensate communities that have been harmed by land use plans The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Notwithstanding any provision of law, rule or regulation to 2 the contrary, the empire state development corporation is authorized to 3 create funds to compensate communities that have been harmed by land use 4 plans. As used in this section, "harm" includes, but is not limited to, 5 the closing of small businesses, increased rents, and displacement. 6 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08138-01-5

Text of S 3755 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions