The New York State Senate

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

                                  8671

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            October 27, 2011
                               ___________

Introduced  by  M.  of  A.  SCHIMMINGER -- read once and referred to the
  Committee on Economic Development

AN ACT to amend the economic development law, the public authorities law
  and the New York state urban development corporation act, in  relation
  to providing a preference to small businesses and entrepreneurs in the
  award of state economic development assistance

  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
section 101-a to read as follows:
  S  101-A.  PREFERENCES  TO SMALL BUSINESSES AND ENTREPRENEURS. IN EACH
PROGRAM ADMINISTERED BY OR ON BEHALF OF THE DEPARTMENT  PURSUANT  TO  AN
APPROPRIATION  OF  FUNDS, AND CONSISTENT WITH ANY STATUTE GOVERNING SUCH
PROGRAM, PREFERENCE SHALL BE GIVEN TO THE AWARD OF SUCH FUNDS  TO  SMALL
BUSINESSES  AND ENTREPRENEURS. SUCH PREFERENCE SHALL INCLUDE, BUT NOT BE
LIMITED TO, ACTIVE MARKETING OF THE PROGRAM SPECIFICALLY TO SMALL  BUSI-
NESSES AND ENTREPRENEURS, PROVIDING ASSISTANCE TO INDIVIDUAL SMALL BUSI-
NESSES AND ENTREPRENEURS IN ACCESSING AVAILABLE FUNDS UNDER THE PROGRAM,
AND ESTABLISHING AND WORKING TO MEET THE GOAL OF AWARDING TWENTY PERCENT
OF  AVAILABLE  FUNDS UNDER THE PROGRAM TO SMALL BUSINESSES AND ENTREPRE-
NEURS. FOR PURPOSES OF THIS SECTION, THE TERM "ENTREPRENEUR" SHALL  MEAN
A  PERSON  WHO  ORGANIZES,  OPERATES, AND ASSUMES THE RISK OF A START-UP
BUSINESS VENTURE. THE DEPARTMENT SHALL  INCLUDE  IN  THE  ANNUAL  REPORT
REQUIRED  PURSUANT  TO SUBDIVISION THIRTY-SEVEN-A OF SECTION ONE HUNDRED
OF THIS ARTICLE A DESCRIPTION OF  ACTIVITIES,  A  LISTING  OF  PROPOSALS
RECEIVING  FINANCIAL  ASSISTANCE  PURSUANT  TO THIS SECTION AND IDENTIFY
WHETHER THE TWENTY PERCENT GOAL WAS MET FOR EACH PROGRAM.
  S 2. Section 1823 of the public authorities law is amended by adding a
new subdivision 8 to read as follows:
  8. IN EACH PROGRAM ADMINISTERED BY OR ON BEHALF OF THE AUTHORITY,  AND
CONSISTENT  WITH ANY STATUTE GOVERNING SUCH PROGRAM, PREFERENCE SHALL BE

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10603-01-1

A. 8671                             2

GIVEN TO THE AWARD OF SUCH FUNDS TO SMALL BUSINESSES AND  ENTREPRENEURS.
SUCH  PREFERENCE  SHALL INCLUDE, BUT NOT BE LIMITED TO, ACTIVE MARKETING
OF THE PROGRAM  SPECIFICALLY  TO  SMALL  BUSINESSES  AND  ENTREPRENEURS,
PROVIDING ASSISTANCE TO INDIVIDUAL SMALL BUSINESSES AND ENTREPRENEURS IN
ACCESSING  AVAILABLE FUNDS UNDER THE PROGRAM, AND ESTABLISHING AND WORK-
ING TO MEET THE GOAL OF AWARDING TWENTY PERCENT OF AVAILABLE FUNDS UNDER
THE PROGRAM TO SMALL BUSINESSES AND ENTREPRENEURS.  FOR PURPOSES OF THIS
SUBDIVISION, THE TERM "SMALL BUSINESS" SHALL HAVE THE  SAME  MEANING  AS
PROVIDED  IN  SECTION ONE HUNDRED THIRTY-ONE OF THE ECONOMIC DEVELOPMENT
LAW AND THE TERM "ENTREPRENEUR" SHALL  MEAN  A  PERSON  OR  PERSONS  WHO
ORGANIZES,  OPERATES,  AND  ASSUMES  THE  RISK  OF  A  START-UP BUSINESS
VENTURE. THE AUTHORITY  SHALL  INCLUDE  IN  THE  ANNUAL  PROGRAM  REPORT
REQUIRED  PURSUANT  TO  SECTION  EIGHTEEN  HUNDRED TWENTY-NINE-A OF THIS
TITLE A DESCRIPTION OF ACTIVITIES, A LISTING OF PROPOSALS PROVIDED  WITH
FINANCIAL  ASSISTANCE  PURSUANT TO THIS SECTION AND IDENTIFY WHETHER THE
TWENTY PERCENT GOAL WAS MET FOR EACH PROGRAM.
  S 3. Section 1 of chapter 174 of the laws of 1968 constituting the New
York state urban development corporation act is amended by adding a  new
section 4-a to read as follows:
  S 4-A. IN EACH PROGRAM ADMINISTERED BY OR ON BEHALF OF THE CORPORATION
PURSUANT  TO  AN APPROPRIATION OF FUNDS, AND CONSISTENT WITH ANY STATUTE
GOVERNING SUCH PROGRAM, PREFERENCE SHALL BE GIVEN TO THE AWARD  OF  SUCH
FUNDS  TO  SMALL  BUSINESSES  AND ENTREPRENEURS.   SUCH PREFERENCE SHALL
INCLUDE, BUT NOT BE LIMITED TO, ACTIVE MARKETING OF THE PROGRAM  SPECIF-
ICALLY  TO  SMALL  BUSINESSES AND ENTREPRENEURS, PROVIDING ASSISTANCE TO
INDIVIDUAL SMALL BUSINESSES AND  ENTREPRENEURS  IN  ACCESSING  AVAILABLE
FUNDS  UNDER  THE PROGRAM, AND ESTABLISHING AND WORKING TO MEET THE GOAL
OF AWARDING TWENTY PERCENT OF AVAILABLE FUNDS UNDER THE PROGRAM TO SMALL
BUSINESSES AND ENTREPRENEURS.  FOR PURPOSES OF THIS  SECTION,  THE  TERM
"SMALL  BUSINESS" SHALL HAVE THE SAME MEANING AS PROVIDED IN SECTION 131
OF THE ECONOMIC DEVELOPMENT LAW AND THE TERM "ENTREPRENEUR" SHALL MEAN A
PERSON OR PERSONS WHO ORGANIZES, OPERATES, AND ASSUMES  THE  RISK  OF  A
START-UP  BUSINESS  VENTURE. THE CORPORATION SHALL INCLUDE IN THE ANNUAL
PROGRAM REPORT REQUIRED  PURSUANT  TO  SECTION  THIRTY  OF  THIS  ACT  A
DESCRIPTION  OF  ACTIVITIES, A LISTING OF PROPOSALS PROVIDED WITH FINAN-
CIAL ASSISTANCE PURSUANT TO THIS SECTION AND IDENTIFY WHETHER THE TWENTY
PERCENT GOAL WAS MET FOR EACH PROGRAM.
  S 4. This act shall take effect immediately.