senate Bill S1768A

2011-2012 Legislative Session

Creates the niche market assistance projects for small businesses to identify and develop niche markets for their products in competitive environments

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Archive: Last Bill Status - In Committee


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

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 05, 2012 print number 1768a
amend and recommit to corporations, authorities and commissions
Jan 04, 2012 referred to corporations, authorities and commissions
Jan 12, 2011 referred to corporations, authorities and commissions

Bill Amendments

Original
A (Active)
Original
A (Active)

Co-Sponsors

S1768 - Details

Current Committee:
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §16-v, UDC Act
Versions Introduced in 2009-2010 Legislative Session:
S3477

S1768 - Summary

Creates the niche market assistance projects for small businesses to identify and develop niche markets for their products in competitive environments.

S1768 - Sponsor Memo

S1768 - Bill Text download pdf

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

                                  1768

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 12, 2011
                               ___________

Introduced  by  Sen. PERKINS -- read twice and ordered printed, and when
  printed to be committed to the Committee on Corporations,  Authorities
  and Commissions

AN ACT to amend the New York state urban development corporation act, in
  relation  to  creating  niche  market  assistance  projects to promote
  economic development

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

  Section 1. Statement of legislative intent. Small manufacturing enter-
prises are responsible for an estimated twenty-eight to forty percent of
employment  in  the manufacturing sector. They tend to be more effective
at job creation and job replacement, more innovative in the  development
of  products  and  process  improvements,  more  flexible, and thus more
competitive, in terms of the ability to produce small quantities. All of
these factors help to explain the shift to  smaller  and  average  sized
plants  and  the  national  trend toward more of the total production of
goods coming from small manufacturers.
  Small manufacturing enterprises, often owned  by  minorities  and  new
immigrants,  have  been  growing. Leading this expansion in New York are
specialty and ethnic food manufacturers, which have grown by  more  than
eight  percent over the past year. Other evidence suggests that there is
similar growth in construction; specialty apparel for niche markets  and
other  design-based  manufacturing  industries  such  as luxury consumer
goods like jewelry; medical instruments;  suppliers  to  service  indus-
tries;  and  companies  serving  local  markets,  such as makers of food
products or suppliers of construction materials.
  Often, small manufacturers can not only survive, but grow, if they can
identify and develop niche markets - targeted markets composed of  indi-
viduals  and businesses that have similar interests and needs, which can
be readily identified, and that can be easily targeted and reached, or a
group of potential customers who  share  common  characteristics  making

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06744-01-1

Co-Sponsors

S1768A (ACTIVE) - Details

Current Committee:
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §16-v, UDC Act
Versions Introduced in 2009-2010 Legislative Session:
S3477

S1768A (ACTIVE) - Summary

Creates the niche market assistance projects for small businesses to identify and develop niche markets for their products in competitive environments.

S1768A (ACTIVE) - Sponsor Memo

S1768A (ACTIVE) - Bill Text download pdf

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

                                 1768--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 12, 2011
                               ___________

Introduced  by Sens. PERKINS, ESPAILLAT -- read twice and ordered print-
  ed, and when printed to be committed to the Committee on Corporations,
  Authorities and Commissions -- recommitted to the Committee on  Corpo-
  rations, Authorities and Commissions in accordance with Senate Rule 6,
  sec.  8  --  committee  discharged, bill amended, ordered reprinted as
  amended and recommitted to said committee

AN ACT to amend the New York state urban development corporation act, in
  relation to creating  niche  market  assistance  projects  to  promote
  economic development

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

  Section 1. Statement of legislative intent. Small manufacturing enter-
prises are responsible for an estimated twenty-eight to forty percent of
employment in the manufacturing sector. They tend to be  more  effective
at  job creation and job replacement, more innovative in the development
of products and process  improvements,  more  flexible,  and  thus  more
competitive, in terms of the ability to produce small quantities. All of
these  factors  help  to  explain the shift to smaller and average sized
plants and the national trend toward more of  the  total  production  of
goods coming from small manufacturers.
  Small  manufacturing  enterprises,  often  owned by minorities and new
immigrants, have been growing. Leading this expansion in  New  York  are
specialty  and  ethnic food manufacturers, which have grown by more than
eight percent over the past year. Other evidence suggests that there  is
similar  growth in construction; specialty apparel for niche markets and
other design-based manufacturing  industries  such  as  luxury  consumer
goods  like  jewelry;  medical  instruments; suppliers to service indus-
tries; and companies serving local  markets,  such  as  makers  of  food
products or suppliers of construction materials.
  Often, small manufacturers can not only survive, but grow, if they can
identify  and develop niche markets - targeted markets composed of indi-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06744-02-2

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