Prohibits individuals in certain positions from taking any position with a business or entity doing business with an agency or industrial development authority.
STATE OF NEW YORK
________________________________________________________________________
7445--B
2021-2022 Regular Sessions
IN SENATE
October 18, 2021
___________
Introduced by Sen. COMRIE -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules -- recommitted to
the Committee on Local Government in accordance with Senate Rule 6,
sec. 8 -- committee discharged, bill amended, ordered reprinted as
amended and recommitted to said committee -- committee discharged,
bill amended, ordered reprinted as amended and recommitted to said
committee
AN ACT to amend the general municipal law, in relation to prohibiting
individuals in certain positions from taking any position with a busi-
ness or entity doing business with an industrial development authority
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 883 of the general municipal law, as amended by
2 section 7 of part J of chapter 59 of the laws of 2013, is amended to
3 read as follows:
4 § 883. Conflicts of interest. 1. All members, officers, and employees
5 of an agency or industrial development authority established by this
6 chapter or created by the public authorities law shall be subject to the
7 provisions of article eighteen of this chapter.
8 2. No member, officer, employee or independent contractor of any agen-
9 cy or industrial development authority established by this chapter or
10 the public authorities law shall take any position, whether paid or
11 unpaid, including but not limited to an independent contractor, with any
12 business or entity applying for or receiving financial assistance from
13 such agency or industrial development authority while employed by or
14 rendering services to such agency or industrial development authority or
15 within two years after termination of such employment or rendering of
16 services.
17 3. Any person who knowingly and willfully violates the provisions of
18 subdivision two of this section and is compensated or receives any bene-
19 fit due to such violation shall pay a civil penalty to the agency or
20 industrial development authority in an amount equal to five times the
21 compensation or benefit received by such person.
22 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD11895-06-2
