Bill > S04785

This bill establishes new local labor requirements for real property tax business investment exemptions in New York, requiring that contractors and developers must hire at least 85% of their workforce from the same county or an adjoining county, or from within New York state if local workers cannot be found. Specifically, the bill amends the real property tax law to mandate that commercial, business, or industrial construction projects can only receive tax exemptions if they meet these local labor workforce requirements. Contractors must maintain daily logs of field workers and submit documentation proving compliance, with some exceptions allowed for specialized work, unique skill requirements, significant cost differences, or unavailability of local labor. The bill also encourages contractors to utilize local vendors, material suppliers, and professional services from New York state, and requires them to keep records of their solicitation and contracting efforts. Contractors seeking an exemption from the local labor requirements must submit a request to the department before beginning work, and the department will have the authority to review and validate compliance with these new provisions.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S4785