Assembly Bill A4570

2009-2010 Legislative Session

Creates the business employment incentive program

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee


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

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2009-A4570 (ACTIVE) - Details

See Senate Version of this Bill:
S6692
Current Committee:
Assembly Economic Development
Law Section:
Economic Development Law
Laws Affected:
Add Art 17 ยงยง400 - 411, Ec Dev L
Versions Introduced in 2011-2012 Legislative Session:
A3160

2009-A4570 (ACTIVE) - Summary

Creates the business employment incentive program to foster job growth; provides grants to businesses that create a certain amount of new employment opportunities within their companies; makes the department of economic development responsible for implementing the program; requires the department to establish the appropriate criteria, guidelines, rules, regulations, and fees for participation in the program.

2009-A4570 (ACTIVE) - Bill Text download pdf

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

                                  4570

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            February 5, 2009
                               ___________

Introduced by M. of A. MORELLE, SCHIMMINGER, ORTIZ, V. LOPEZ, ESPAILLAT,
  DESTITO  --  Multi-Sponsored  by  --  M. of A. COOK, DelMONTE, GORDON,
  HEASTIE, PHEFFER -- read once and referred to the Committee on Econom-
  ic Development, Job Creation, Commerce and Industry

AN ACT to amend the economic development law, in  relation  to  creating
  the business employment incentive program

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

  Section 1. The economic development law is amended  by  adding  a  new
article 17 to read as follows:
                               ARTICLE 17
                  BUSINESS EMPLOYMENT INCENTIVE PROGRAM
SECTION 400. GENERAL.
        401. PROJECT REQUIREMENTS.
        402. GRANT APPLICATION.
        403. INCENTIVE AGREEMENT.
        404. SUBMISSION OF NEW YORK TAX RETURN, OTHER INFORMATION; AUDIT.
        405. FAILURE OF BUSINESS TO COMPLY, CIRCUMSTANCES.
        406. DISBURSEMENT CONDITIONS.
        407. GRANT LIMITATIONS.
        408. IMPLEMENTATION, STUDY.
        409. FEES.
        410. RULES.
        411. ANNUAL REPORT.
  S  400.  GENERAL.  THERE  IS  HEREBY ESTABLISHED A BUSINESS EMPLOYMENT
INCENTIVE PROGRAM. THE PROGRAM IS TO BE ADMINISTERED BY THE  DEPARTMENT.
IN  ORDER TO FOSTER JOB CREATION IN THIS STATE, THE DEPARTMENT MAY ENTER
INTO AGREEMENTS WITH BUSINESSES TO PROVIDE BUSINESS EMPLOYMENT INCENTIVE
GRANTS, WITHIN AVAILABLE APPROPRIATIONS, WITH  THE  PROVISIONS  OF  THIS
ARTICLE IF THE DEPARTMENT FINDS THAT:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08312-01-9

              

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