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Bill > A07302


NY A07302

NY A07302
Creates the Eastchester creek intermunicipal economic revitalization agency.


summary

Introduced
03/25/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the general municipal law and the tax law, in relation to creating the Eastchester creek intermunicipal economic revitalization agency

AI Summary

This bill creates the Eastchester Creek Intermunicipal Economic Revitalization Agency, a joint community development agency for the city of Mount Vernon and the village of Pelham Manor. The agency will focus on economic development within a specifically defined area of approximately 231 acres in Mount Vernon and a triangular portion of Pelham Manor, bounded by various geographic features like Sandford Boulevard, the Hutchinson River, and the city of New York. The agency will be governed by the mayors of both municipalities and will have powers under existing municipal law, but will defer to each municipality's zoning and land use regulations. Additionally, the bill authorizes the village of Pelham Manor to adopt local laws imposing sales and compensating use taxes within its portion of the revitalization area to equalize tax rates with the city of Mount Vernon. The taxes collected will be held in trust by the comptroller and distributed to Pelham Manor's fiscal officers, providing a mechanism for coordinated economic development and tax policy between the two municipalities.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

referred to local governments (on 01/07/2026)

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