Bill > A00555

This bill establishes the City of White Plains Industrial Development Agency (IDA), a new corporate body with specific powers and limitations designed to promote economic development within the city's corporate limits. The agency will be created under New York State's general municipal law, with members appointed by the mayor and confirmed by the city's governing body, and will serve at the mayor's pleasure. The mayor will also designate the agency's chair. While the agency will have typical industrial development agency powers—such as potentially acquiring real property—it is constrained by several key provisions: its condemnation powers require prior city council approval, its property acquisition activities are limited to White Plains' corporate boundaries, and it must consider local zoning, planning regulations, and comprehensive land use plans. The agency will otherwise be governed by the standard provisions applicable to industrial development agencies under New York State law, with the primary goal of benefiting the city of White Plains and its inhabitants by promoting economic development. The bill will take effect immediately, with a technical provision requiring the secretary of state to confirm the filing of necessary documentation.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A555