A new state law requires New York's industrial development agencies to live stream their meetings and public hearings.
Gov. Andrew M. Cuomo this week signed the legislation, which also requires IDAs to post the video recordings online within five business days and to keep them available for five years.
IDAs, including nine in Erie and Niagara counties, weigh requests for valuable tax incentives from new, expanding or relocating businesses.
But many hold meetings and hearings during regular business hours, when residents can't attend, and advocates say this law shines more light on the agencies' operations.
Erie County IDA President Steven Weathers said the agency will have to purchase equipment to meet the new requirements.
While the room the ECIDA uses for its meetings is equipped with TV sets, microphones and cameras, the equipment, owned by its landlord, Empire State Development, isn’t working. Plus, Weathers said, the agency will need equipment so it can webcast public hearings held outside its offices.