State senators propose reigning in IDAs
ALBANY — State senators James Skoufis and Shelley Mayer, both Democrats, are introducing legislation to curb public tax-break incentives and create greater oversight of local industrial development agencies.Their proposals include banning IDAs from giving incentives to projects that are already under construction or in which the developer is not identified. The legislation would also require school districts to be involved in payment-in-lieu-of-taxes agreements, and close a loophole that a
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