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Senate bill · S4658 (2025-26)

Relates to prohibiting the use of funds, financial incentives or subsidies where facilities or property are used primarily for e-commerce storage and transfers…

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Relates to prohibiting the use of funds, financial incentives or subsidies where facilities or property are used primarily for e-commerce storage and transfers, or the facilitation thereof

The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.

Latest action Jun 9, 2025

Summary

Relates to prohibiting the use of funds, financial incentives or subsidies where facilities or property are used primarily for e-commerce storage and transfers, or the facilitation thereof.

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Where it stands

Passed one of the two chambers; it still needs the other.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

New York State Senate

Amends the General Municipal Law.

Committee

Local Government · New York State Senate

Also referred to Local Governments · New York State Assembly.

Purpose, from the sponsor's memo

The purpose of this bill is to prevent industrial development agencies from providing subsidies to large multi-national corporations to build storage and warehouse facilities.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Recorded votes

  • Vote: Floor vote

    NY SenateJun 9, 2025Result: passed

    (49) (13) (0) (1)

  • Vote: Committee vote · Rules

    Senate RulesJun 9, 2025Result: passed

    (19) (2) (0) (0)

The sponsor's argument

Why the sponsor says this is needed

Industrial development agencies, or IDAs, exist primarily to incentivize economic development by attracting businesses and creating jobs. The incentives offered by IDAs often include the waiving state and local taxes, which results in significant loss over the term of the incentive, and in return often only provides a few minimum wage or low wage jobs. Additionally, many incentives have recently been given to large multina- tional corporations at the expense of New York Taxpayers. New York IDA subsidies given to Amazon have diverted a quarter billion dollars in just the past two years. This was not the legislative intent when IDAs were established in 1969 to improve economic conditions and facilitate economic development in localities. This bill would prohibit IDAs from offering incentives for e-commerce storage and transfer facilities often given to large, multi-billion-dol- lar corporations with dubious economic growth projections at the expense of local municipalities and their residents.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Full history

  1. Jun 9, 2025

    In committee

    COMMITTEE DISCHARGED AND COMMITTED TO RULES

    NY Senate

  2. Jun 9, 2025

    Sent to the executive

    DELIVERED TO ASSEMBLY

    NY Senate

  3. Jun 9, 2025

    Ordered to Third Reading CAL.1689

    ORDERED TO THIRD READING CAL.1689

    NY Senate

  4. Jun 9, 2025

    Passed a chamber

    PASSED SENATE

    NY Senate

  5. Jun 9, 2025

    Referred to committee

    REFERRED TO LOCAL GOVERNMENTS

    NY Assembly

Show full history (2 earlier events)
  1. Mar 31, 2025

    Amend (t) and Recommit to Local Government

    AMEND (T) AND RECOMMIT TO LOCAL GOVERNMENT

    NY Senate

  2. Feb 10, 2025

    Referred to committee

    REFERRED TO LOCAL GOVERNMENT

    NY Senate

About this record

Summary

The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.

Source

From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Nov 1, 2026. About our data

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