Bill > S07288

This bill amends the General Municipal Law to expand the authorized purposes of Industrial Development Agencies (IDAs) to include environmental pollution mitigation projects. The legislation addresses systemic environmental racism by allowing IDAs to provide financial incentives for projects that reduce pollution in communities, particularly in low-income and majority-minority neighborhoods that have historically suffered from disproportionate industrial contamination. The bill defines "environmental pollution mitigation" as proposals involving equipment, improvements, or low/zero-emission vehicle purchases that control or prevent pollution in industrial, manufacturing, warehousing, and other facilities. By broadening the scope of IDA financial assistance, the bill aims to improve environmental quality, protect public health, and address long-standing economic disparities caused by industrial pollution. Specifically, the bill allows IDAs to support projects that mitigate land, water, air, noise, and odor pollution, with the goal of conserving and improving natural resources while supporting economic development in more environmentally responsible ways.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S7288