Assembly Bill A8671

2011-2012 Legislative Session

Requires state economic development agencies to provide preferences to small businesses and entrepreneurs in the programs that they administer

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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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2011-A8671 (ACTIVE) - Details

See Senate Version of this Bill:
S4410
Current Committee:
Assembly Ways And Means
Law Section:
Economic Development Law
Laws Affected:
Add §101-a, Ec Dev L; amd §1823, Pub Auth L; add §4-a, UDC Act
Versions Introduced in Other Legislative Sessions:
2009-2010: S3802
2013-2014: S1530
2015-2016: S2089, S6588
2017-2018: S2138
2019-2020: S1238
2021-2022: S3038
2023-2024: S5407

2011-A8671 (ACTIVE) - Summary

Requires the department of economic development, job development authority, office of science, technology, and academic research, and urban development corporation to provide preferences to small businesses and entrepreneurs in the administration of their economic development assistance programs; requires annual reports thereon.

2011-A8671 (ACTIVE) - Bill Text download pdf

                            
                    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
              

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