Relates to technical assistance provided to municipalities related to college and university closures; repealer

Community planning help after college closures

Any New York municipality can request state planning help when a college or university closes within its borders. The Department of Economic Development must help with worker transitions, attracting employers and economic opportunities, and reusing campus land and buildings. It must also help plan dealings with creditors and others with financial interests in the school's local assets. The state does not become a party to legal proceedings under this rule, and the law provides no specific funding. The law replaces the prior Executive Law provision with one in the Economic Development Law. It takes effect at the same time and in the same manner as the related 2025 law identified by S. 1525 and A. 2007.