Assembly Bill A8414

2009-2010 Legislative Session

Directs the department of economic development to establish a consortium to operate a database on the emerging domestic marketplace

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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2009-A8414 (ACTIVE) - Details

Current Committee:
Assembly Economic Development
Law Section:
Economic Development Law
Laws Affected:
Amd ยง100, Ec Dev L
Versions Introduced in 2011-2012 Legislative Session:
A4821

2009-A8414 (ACTIVE) - Summary

Directs the department of economic development to establish a consortium to operate a database on the emerging domestic marketplace.

2009-A8414 (ACTIVE) - Bill Text download pdf 

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

                                  8414

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                              May 19, 2009
                               ___________

Introduced  by  M.  of  A.  P. RIVERA  --  read once and referred to the
  Committee on Economic Development, Job Creation, Commerce and Industry

AN ACT to amend the economic development law, in relation  to  directing
  the  department  of  economic development to establish a consortium to
  operate an internet database on the emerging domestic marketplace

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

  Section  1.  Section 100 of the economic development law is amended by
adding a new subdivision 40-b to read as follows:
  40-B. TO DEVELOP AND ESTABLISH A  CONSORTIUM  OF  PUBLIC  AND  PRIVATE
ENTITIES  FOR  THE  PURPOSE  OF  CREATING,  OPERATING  AND MAINTAINING A
NON-PROPRIETARY INTERNET WEBSITE DATABASE WHICH DESCRIBES  THE  EMERGING
DOMESTIC  MARKETPLACE.  SUCH DATABASE SHALL PROVIDE AND EXPAND FINANCIAL
AND NON-FINANCIAL ANALYSIS OF  THE  MARKETPLACE.  THE  CONSORTIUM  SHALL
ESTABLISH  GUIDELINES AND PROCEDURES TO ENSURE THE ACCURACY OF THE DATA-
BASE, ESTABLISH STANDARD DEFINITIONS AND TERMS,  AND  ESTABLISH  FORMATS
FOR  THE  SUBMISSION  OF  DATA. IN ADDITION, THE CONSORTIUM SHALL ENSURE
THAT THE APPROPRIATE PRIVACY AND CONFIDENTIALITY PRACTICES ARE  ENFORCED
AND  COMPLIED  WITH AT ALL TIMES.  FOR THE PURPOSES OF THIS SUBDIVISION,
"EMERGING DOMESTIC MARKET" MEANS PEOPLE, PLACES OR BUSINESS  ENTERPRISES
WITH GROWTH POTENTIAL THAT ENCOUNTER CAPITAL CONSTRAINTS DUE TO SYSTEMIC
UNDERVALUATION   RESULTING  FROM  IMPERFECT  MARKET  INFORMATION.  THESE
MARKETS INCLUDE ETHNIC- AND WOMEN-OWNED FIRMS, URBAN AND RURAL  COMMUNI-
TIES, COMPANIES THAT SERVE LOW-TO-MODERATE-INCOME POPULATIONS, AND OTHER
SMALL- AND MEDIUM-SIZED BUSINESSES.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10540-02-9

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.