Bill > A00931

This bill restricts elected officials from serving on certain industrial development agencies (IDAs) and local development authorities. Specifically, the legislation prevents members of an agency from simultaneously being elected officials of the same municipality or county where the agency is located. The bill makes an exception for two instances: first, when specific elected officials are legally required to serve on an IDA, and second, when an IDA's board is entirely composed of elected officials from the chartering municipality. If a current board member would become ineligible under these new rules, the appointing authority must replace them by appointing new members according to existing appointment procedures. The bill applies to specific industrial development authorities like those in Troy and Auburn, amending their governing statutes to include these new membership restrictions. The changes aim to reduce potential conflicts of interest by preventing elected officials from serving on agencies where they might have overlapping governmental responsibilities. The act takes effect immediately upon passage.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A931