S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   176

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 7, 2015
                               ___________

Introduced  by M. of A. GANTT -- read once and referred to the Committee
  on Local Governments

AN ACT to amend the general municipal law, in relation to  conflicts  of
  interest  involving  members or employees of an industrial development
  agency; and to repeal section 883 of such law relating thereto

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. Section 883 of the general municipal law is REPEALED and a
new section 883 is added to read as follows:
  S 883. CONFLICTS OF INTEREST. 1. ALL MEMBERS AND EMPLOYEES OF AN AGEN-
CY SHALL BE SUBJECT TO THE PROVISIONS OF ARTICLE EIGHTEEN OF THIS  CHAP-
TER.
  2.  ANY  AGENCY MEMBER OR EMPLOYEE WHO HAS OR WILL HAVE AN INTEREST IN
ANY PERSON, FIRM, CORPORATION  OR  ASSOCIATION  WHICH  RECEIVES  OR  MAY
RECEIVE  FINANCIAL  ASSISTANCE  OR  BE  GRANTED  EXEMPTION FROM TAXATION
PURSUANT TO THE PROVISIONS OF THIS ARTICLE, OR AN INTEREST  IN  PROPERTY
SUBJECT  TO  SUCH  ASSISTANCE  OR EXEMPTION, SHALL PUBLICLY DISCLOSE THE
NATURE AND EXTENT OF SUCH INTEREST IN WRITING TO THE AGENCY AS  SOON  AS
SUCH  MEMBER  OR  EMPLOYEE  HAS  KNOWLEDGE OF SUCH ACTUAL OR PROSPECTIVE
INTEREST AND SHALL RECUSE HIMSELF OR HERSELF FROM ANY DISCUSSION OR VOTE
RELATING TO SUCH INTEREST. THE WRITTEN DISCLOSURE REQUIRED  PURSUANT  TO
THIS  SUBDIVISION  SHALL  BE  MADE PART OF AND SET FORTH IN THE OFFICIAL
RECORD OF THE PROCEEDINGS OF THE AGENCY. ONCE DISCLOSURE HAS  BEEN  MADE
BY  A MEMBER OR EMPLOYEE OF AN AGENCY WITH RESPECT TO ANY SUCH INTEREST,
NO FURTHER DISCLOSURES NEED BE MADE BY  SUCH  MEMBER  OR  EMPLOYEE  WITH
RESPECT  TO  ADDITIONAL ASSISTANCE OR EXEMPTIONS GRANTED TO SUCH PERSON,
FIRM, CORPORATION OR ASSOCIATION OR INVOLVING SUCH PROPERTY  DURING  THE
REMAINDER OF THE FISCAL YEAR.
  S  2.  This  act  shall take effect on the sixtieth day after it shall
have become a law.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              

                                                           LBD02379-01-5