S 5245 New York Senate · 2025 Regular Session

Establishes regional industrial development agencies; repealer

This bill establishes ten regional industrial development agencies across New York State, replacing existing municipal-level agencies with a single agency per region. Each regional agency covers specific geographic areas (e.g., Long Island, NYC, Capital Region), consolidating all local industrial development efforts within that defined area. Agencies must have 15 members appointed by counties based on population, with at least one member per county, and operate as public benefit corporations without member compensation. The bill repeals prior provisions allowing separate municipal agencies, standardizing regional oversight for economic development projects like manufacturing, renewable energy, and commercial facilities.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 20, 2025 Last action Jan 7, 2026
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Full legislative history

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Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO LOCAL GOVERNMENT
upper
Feb 20, 2025
Committee
REFERRED TO LOCAL GOVERNMENT
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of James Skoufis
James Skoufis
DDemocratic
NY
42