Bill > A00835

This bill amends the economic development law to strengthen requirements for businesses receiving state subsidies by mandating that if a business entity is found to have violated worker protection or environmental laws and regulations, they must surrender all previously issued state subsidies. Specifically, the bill modifies an existing provision that already requires businesses to comply with worker protection and environmental laws and be current on state and local taxes. The new language adds a significant consequence for non-compliance: a full state comptroller audit can result in the mandatory return of all state subsidies that the business has previously received. This provision creates a stronger financial deterrent for businesses that might otherwise disregard worker protection or environmental regulations, essentially making state economic support contingent on ongoing legal compliance. The bill would take effect immediately upon enactment.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A835