New York Assembly Bill A00409

New York 2025-2026 Regular Session

• Introduced: 1/8/25
• Refer: 1/8/25
• Refer: 1/7/26

Caption

Prohibits confidentiality and non-disclosure provisions from inclusion in contracts pertaining to economic development, entered into by the state or a municipality or any party negotiating on behalf of such governmental entity.

Summary

Bill A00409 seeks to amend various laws related to economic development in New York by prohibiting the inclusion of confidentiality and non-disclosure provisions in contracts entered into by the state, municipalities, or any negotiating parties on behalf of these entities. This includes contracts related to tax incentives, payments in lieu of taxes, tax abatements, bonds, loans, grants, and rebates. The bill aims to enhance transparency in government dealings and ensure that the terms of such agreements are publicly accessible and subject to discussion.

Impact

If enacted, this bill would significantly alter the legal landscape surrounding contracts for economic development in New York. It would eliminate the ability of state and local governments to enter into agreements that restrict disclosure of contract terms, thereby promoting transparency and accountability in governmental financial dealings. This change could affect various stakeholders, including businesses that rely on state or municipal contracts, as well as the public's right to access information about government spending and incentives.

Sentiment

The general sentiment surrounding Bill A00409 appears to be supportive among transparency advocates who argue that public access to contract details is essential for accountability. However, there may be concerns from businesses and governmental entities about the potential implications for negotiations and competitive advantages if sensitive information must be disclosed. The absence of recorded votes or committee discussions suggests that the bill's reception may still be developing.

Contention

Notable points of contention may arise from the balance between transparency and the need for confidentiality in certain negotiations. Proponents of the bill, likely including transparency advocates and some public interest groups, argue that the public has a right to know how taxpayer money is being spent. Conversely, opponents, potentially including some business interests and government officials, may argue that confidentiality is necessary to protect sensitive information and maintain competitive advantages during negotiations.