New York · 2025 Regular Session · Bill
S 4240: Provides for recovery of economic development awards in cases where the recipient relocates outside the state
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 4240 is a bill introduced in the New York Senate on February 3, 2025. According to its official title, it concerns: Provides for recovery of economic development awards in cases where the recipient relocates outside the state. Primary sponsor: Kevin Parker (Democratic/Working Families). Most recent recorded action (June 5, 2026): COMMITTED TO RULES.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Provides for the recovery of an economic development award in any case where a recipient relocates outside the state within five years of receiving such award; requires repayment of any such award shall be made pursuant to the timeframe specified in the award agreement.
Sponsors
Sponsors by party (alphabetical): Democratic/Working Families 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Kevin Parker | Primary sponsor | Democratic/Working Families | Senate | 21 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- COMMITTED TO RULES
- ADVANCED TO THIRD READING
- 2ND REPORT CAL.
- 1ST REPORT CAL.1285
- REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
- REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS