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Monica Martinez

Sponsor · State Senator, District 4 · Democratic/Working Families

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Senate bill · S4980 (2025-26)

Relates to the preservation of regionally significant projects with respect to agencies drawing on funds for new building projects

Latest action Feb 24, 2026

Summary

Expands the law to include the preservation of regionally significant projects with respect to agencies drawing on funds for new building projects.

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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

Same as A10044, the matching bill in the Assembly.

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

Relates to the preservation of regionally significant projects with respect to agencies drawing on funds for new building projects.

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

Recorded votes

  • Vote: Floor vote

    NY SenateFeb 24, 2026Result: passed

    (40) (16) (0) (7)
  • Vote: Committee vote · Local Government

    Senate Local GovernmentJan 28, 2026Result: passed

    (5) (1) (0) (1)
  • Vote: Floor vote

    NY SenateMar 19, 2025Result: passed

    (42) (18) (0) (3)
  • Vote: Committee vote · Local Government

    Senate Local GovernmentFeb 25, 2025Result: passed

    (6) (1) (0) (0)

The sponsor's argument

Why Monica Martinez says this is needed

Under current law, developers of retail businesses such as car dealer- ships and self-storage facilities are receiving tax breaks through a "tourism loophole" that exists in the statute. The resulting tax bene- fits do not stimulate sufficient local economic growth or net economic benefit to warrant the disbursement of public dollars for such projects. In Nassau County in particular, this loophole in the law is being readi- ly abused by businesses attracting customers from Queens County, and taxpayers are stuck with the bill. This bill closes the tourism loophole by requiring both the local Chief Executive Officer and the agency board where the project is located to determine that the project is likely to attract a significant number of visitors from outside the economic development region and that the project will preserve or increase permanent, private sector jobs within the state. These additional determinations will keep the economic bene- fits intended through the original legislation while preventing the granting of tax breaks without adequate justification.

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. Feb 24, 2026

    Sent to the executive

    DELIVERED TO ASSEMBLY

    NY Senate

  2. Feb 24, 2026

    Passed a chamber

    PASSED SENATE

    NY Senate

  3. Feb 24, 2026

    Referred to committee

    REFERRED TO LOCAL GOVERNMENTS

    NY Assembly

  4. Feb 3, 2026

    Advanced to Third Reading

    ADVANCED TO THIRD READING

    NY Senate

  5. Jan 30, 2026

    Referred to committee

    REFERRED TO LOCAL GOVERNMENTS

    NY Assembly

Show full history (11 earlier events)
  1. Jan 29, 2026

    2ND Report CAL.

    2ND REPORT CAL.

    NY Senate

  2. Jan 28, 2026

    1ST Report CAL.179

    1ST REPORT CAL.179

    NY Senate

  3. Jan 7, 2026

    Died in Assembly

    DIED IN ASSEMBLY

    NY Assembly

  4. Jan 7, 2026

    Referred to committee

    REFERRED TO LOCAL GOVERNMENT

    NY Senate

  5. Mar 19, 2025

    Sent to the executive

    DELIVERED TO ASSEMBLY

    NY Senate

  6. Mar 19, 2025

    Passed a chamber

    PASSED SENATE

    NY Senate

  7. Mar 19, 2025

    Referred to committee

    REFERRED TO LOCAL GOVERNMENTS

    NY Assembly

  8. Mar 3, 2025

    Advanced to Third Reading

    ADVANCED TO THIRD READING

    NY Senate

  9. Feb 26, 2025

    2ND Report CAL.

    2ND REPORT CAL.

    NY Senate

  10. Feb 25, 2025

    1ST Report CAL.378

    1ST REPORT CAL.378

    NY Senate

  11. Feb 14, 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.

Cosponsors

The list shows the cosponsors who are on Agora, A to Z. The official record may list more.

Party colors

Parties are shown in the same neutral colors.

Source

From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Nov 3, 2026. About our data

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