New York · 2025 Regular Session · Bill

A 248: Authorizes recoupment of financial incentives awarded businesses upon failure to fulfill the terms of such incentive

In committee Last action January 7, 2026: REFERRED TO GOVERNMENTAL OPERATIONS

Plain-language summary

A 248 is a bill introduced in the New York House on January 8, 2025. According to its official title, it concerns: Authorizes recoupment of financial incentives awarded businesses upon failure to fulfill the terms of such incentive. Primary sponsor: Bill Magnarelli (Democratic). It lists 1 additional sponsor. Most recent recorded action (January 7, 2026): REFERRED TO GOVERNMENTAL OPERATIONS.

Sponsors

Primary sponsor: Bill Magnarelli (Democratic). 1 co-sponsor.