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New York policy

S4240: Provides for recovery of economic development awards in cases where the recipient relocates outside the state

NY Senate · Sponsor Kevin S. Parker

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
June 5, 2026

What it requires

Provides for the recovery of an economic development award in any case where a recipient relocates outside the state within five years of receiving such award; requires repayment of any such award shall be made pursuant to the timeframe specified in the award agreement.

ny-statesenatelegislationbill

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