senate Bill S6301

Signed by Governor

Makes technical changes relating to annual reports required to be compiled by the division for small-business on the state of small businesses

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Sponsor

Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor
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actions

  • 10 / Jan / 2014
    • REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
  • 13 / Jan / 2014
    • COMMITTEE DISCHARGED AND COMMITTED TO RULES
  • 13 / Jan / 2014
    • ORDERED TO THIRD READING CAL.19
  • 23 / Jan / 2014
    • PASSED SENATE
  • 23 / Jan / 2014
    • DELIVERED TO ASSEMBLY
  • 23 / Jan / 2014
    • REFERRED TO SMALL BUSINESS
  • 26 / Feb / 2014
    • SUBSTITUTED FOR A8620
  • 26 / Feb / 2014
    • ORDERED TO THIRD READING CAL.462
  • 26 / Feb / 2014
    • PASSED ASSEMBLY
  • 26 / Feb / 2014
    • RETURNED TO SENATE
  • 12 / Mar / 2014
    • DELIVERED TO GOVERNOR
  • 17 / Mar / 2014
    • SIGNED CHAP.16

Summary

Makes technical changes relating to annual reports required to be compiled by the division for small-business on the state of small businesses, including the date by which such report must be submitted.

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Bill Details

See Assembly Version of this Bill:
A8620
Versions:
S6301
Legislative Cycle:
2013-2014
Law Section:
Economic Development Law
Laws Affected:
Amd ยง134, Ec Dev L

Sponsor Memo

BILL NUMBER:S6301

TITLE OF BILL: An act to amend the economic development law, in
relation to requiring the division for small business to compile an
annual report on the state of small businesses

PURPOSE: This bill will amend Chapter 451 of the Laws of 2013 by
extending the date by which the annual report on the state of small
businesses must be completed and submitted to state leaders. This
legislation also focuses the scope of specific criteria required for
inclusion within such report.

SUMMARY OF PROVISIONS:

Section 1: Amends section 134 of the economic development law by
requiring the division of small business to compile an annual report
on the state of small businesses by June 1, 2014. Per this
legislation, such report shall contain an analysis of relevant and
available employment, statistical and economic data of the various
small business sectors throughout NYS as well as an identification and
review of state and local regulations facing each small business
sector.

Section 2: Establishes the effective date.

JUSTIFICATION: The Division of Small Businesses was created with the
intent to encourage small business development. To date, reports on
small business ownership and trends have inadequately bridged gaps
between data and reality in terms of small businesses. Moreover,
accessibility to this data has been severely hampered for small and
micro-business owners. Data related to categories and trends over time
has been limited.

While larger businesses and companies can afford to research and
develop analyses on such data, small and micro-businesses do not
maintain the resources to do so.

While the state takes steps to address discrepancies and provide small
businesses with a level-playing field, the lack of information and
data severely limits any potential action or steps such businesses may
take to grow or expand. Things such as penalties and fines that all
businesses incur at one point or another have drastically different
consequence depending on the size of relevant businesses. Access to
such information in a timely manner, without disruption of services,
can help mitigate small and micro-businesses start-up costs and
issues.

LEGISLATIVE HISTORY: New Bill

FISCAL IMPLICATIONS: None.

EFFECTIVE DATE: This act shall take effect immediately and shall be
deemed to have been in full force and effect on and after the
effective date of chapter 451 of the Laws of 2013.

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

                                  6301

                            I N  S E N A T E

                            January 10, 2014
                               ___________

Introduced  by  Sen. VALESKY -- read twice and ordered printed, and when
  printed to be committed to the Committee on Commerce, Economic  Devel-
  opment and Small Business

AN  ACT  to amend the economic development law, in relation to requiring
  the division for small business to compile an  annual  report  on  the
  state of small businesses

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

  Section 1. Subdivision 12 of section 134 of the  economic  development
law,  as added by chapter 451 of the laws of 2013, is amended to read as
follows:
  12. compile an annual report on the state of small businesses, partic-
ularly those with twenty-five employees or less which shall be known  as
micro-businesses  under  this subdivision. The commissioner shall, on or
before [February] JUNE first, two thousand fourteen and annually  there-
after, submit to the governor, the temporary president of the senate and
the  speaker  of  the  assembly  a report that shall include, but not be
limited to, the following information for each calendar year:
  (a) the growth and economic trends of small businesses  which  may  be
categorized by various small business sizes and/or sectors;
  (b)  [the  economic  impact]  AN  ANALYSIS  OF  RELEVANT AND AVAILABLE
EMPLOYMENT, STATISTICAL AND ECONOMIC DATA of the various small  business
sectors  throughout  New York state, which may be categorized by various
small business sizes;
  (c) suggestions to improve the efficiency of existing loan programs;
  (d) suggestions to improve small business growth;
  (e) statistical and economic analysis of the state of small businesses
by various small business sizes and/or sectors; AND
  (f) [an analysis] IDENTIFICATION AND REVIEW of  the  local  and  state
REGULATIONS,  fines  and penalties [that] PARTICULAR TO small businesses
[incur] which may be categorized by various small business sizes  and/or
sectors[; and

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13461-01-4

S. 6301                             2

  (g)  an analysis of the impact of local and state regulations and laws
that small businesses must adhere to, which may be categorized by  vari-
ous small business sizes and/or sectors].
  The  division shall collaborate with other state and local agencies to
develop the annual report. The office shall maintain  and  publish  such
information  on  the  small  business directory webpage in a manner that
allows individuals to search the  report  by  name,  date,  or  type  of
statistics.  The  format  of  the  annual  report  shall be developed in
consultation with various small business owners to ensure  the  informa-
tion  collected, analyzed, and published for the purposes of this subdi-
vision is representative of all small businesses in the state.
  S 2. This act shall take effect immediately and  shall  be  deemed  to
have  been in full force and effect on and after the date chapter 451 of
the laws of 2013 took effect.

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