Bill > A05668

This bill amends the General Municipal Law to expand the powers of Industrial Development Agencies (IDAs), which are local government entities that promote economic development. Specifically, the bill allows IDAs to make grants to municipalities for open space preservation, parkland improvements, and conservation easements, but only if the municipal governing body determines that such grants will either encourage tourism or improve the overall quality of life in the municipality. The proposed change adds a new provision to the existing law, giving IDAs more flexibility in how they can support local community development beyond their traditional economic development role. By enabling these grants, the bill seeks to provide municipalities with additional resources to enhance public spaces and natural areas, potentially making communities more attractive to residents and visitors alike. The amendment takes effect immediately upon passage.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A5668