senate Bill S2710

2011-2012 Legislative Session

Establishes the biosciences commercialization assistance fund within the foundation for science, technology and innovation

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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 18, 2012 reported and committed to finance
Jan 04, 2012 referred to commerce, economic development and small business
Jan 31, 2011 referred to commerce, economic development and small business

Votes

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Jan 18, 2012 - Commerce, Economic Development and Small Business committee Vote

S2710
11
0
committee
11
Aye
0
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Commerce, Economic Development and Small Business committee vote details

Commerce, Economic Development and Small Business Committee Vote: Jan 18, 2012

aye wr (1)

Co-Sponsors

S2710 - Details

See Assembly Version of this Bill:
A9311
Current Committee:
Law Section:
Public Authorities Law
Laws Affected:
Amd §3150, add §3154-a, Pub Auth L
Versions Introduced in 2009-2010 Legislative Session:
S2290, A253

S2710 - Summary

Establishes the biosciences commercialization fund within the foundation for science, technology and innovation.

S2710 - Sponsor Memo

S2710 - Bill Text download pdf

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

                                  2710

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 31, 2011
                               ___________

Introduced by Sens. GRISANTI, KENNEDY -- read twice and ordered printed,
  and when printed to be committed to the Committee on Commerce, Econom-
  ic Development and Small Business

AN  ACT to amend the public authorities law, in relation to establishing
  the biosciences commercialization assistance fund within  the  founda-
  tion for science, technology and innovation

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

  Section 1. Section 3150 of the public authorities law, as  amended  by
section  4  of  part  C of chapter 63 of the laws of 2005, is amended to
read as follows:
  S 3150. Definitions. As used in this [section] TITLE:
  1. "Foundation" shall mean the New York state foundation for  science,
technology and innovation created by this title;
  2. "Executive director" shall mean the executive director of the foun-
dation;
  3. "Board" shall mean the New York state foundation for science, tech-
nology and innovation board;
  4.  "Regional  partnerships" shall mean any association or group which
is:  (a) comprised of local economic  development  organizations  and  a
center  of  excellence  as defined by section three of part T of chapter
eighty-four of the laws of two thousand two, or in the absence  of  such
center  in  the  region,  at  least  one institution of higher education
involved in commercialization efforts similar to such centers of  excel-
lence  and  may  include  a  combination of private businesses, business
support organizations, commercial lending institutions, venture  capital
companies,  angel  investor  networks or foundations; (b) formed for the
creation and administration of regional partnership  programs;  and  (c)
certified by the foundation as the regional partnership;

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07604-01-1

S. 2710                             2

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