Senate Bill S6555A

2013-2014 Legislative Session

Relates to the New York state biomedical and biotechnological translational research and entrepreneurship initiative

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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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Bill Amendments

co-Sponsors

2013-S6555 - Details

See Assembly Version of this Bill:
A9000
Current Committee:
Assembly Economic Development
Law Section:
Economic Development Law
Laws Affected:
Add Art 22 §§441 - 449, Ec Dev L
Versions Introduced in Other Legislative Sessions:
2015-2016: S4053, A3928
2017-2018: A1801

2013-S6555 - Summary

Relates to the New York state biomedical and biotechnological translational research and entrepreneurship initiative.

2013-S6555 - Sponsor Memo

2013-S6555 - Bill Text download pdf

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

                                  6555

                            I N  S E N A T E

                            February 5, 2014
                               ___________

Introduced  by  Sens.  GOLDEN,  GALLIVAN,  GRIFFO,  HANNON, RANZENHOFER,
  ROBACH, TKACZYK, VALESKY -- read twice and ordered printed,  and  when
  printed  to be committed to the Committee on Commerce, Economic Devel-
  opment and Small Business

AN ACT to amend the economic development law, in  relation  to  the  New
  York  state biomedical and biotechnological translational research and
  entrepreneurship initiative

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

  Section  1.  Intent.  The legislature hereby finds and declares that a
coordinated program of research,  entrepreneurship,  and  public-private
partnerships  and  collaborations,  centered  in  and  with  the state's
medical schools, can significantly increase  the  speed  and  amount  of
commercialization  of  research from lab to market, maintain the quality
and increase the likelihood of high impact healthcare breakthroughs, and
materially expand economic and job opportunities for all New Yorkers  in
this high growth sector.
  The  legislature further finds that although New York state's biomedi-
cal and biotechnological research infrastructure includes  many  of  the
nation's  top  institutions,  researchers  and  scientists, and has many
natural advantages compared to other states, it has  lagged  behind  the
nation  as  a  whole and many states in growth in jobs, development, and
economic activity for a decade;  and  further,  that  other  states  are
making  investments  and  developing  incentives that are creating rapid
growth in this sector and increasing the gap between New York and  other
states, and potential loss of top tier scientific and research talent as
they  migrate  to other states in search of opportunity and professional
advancement.
  The legislature further finds that recent changes that have  made  New
York's  economic development programs more sophisticated and competitive
can be combined  with  other  approaches  and  statutory  precedents  to
support and incentivize an effective and integrated plan for development
of  biomedical  and biotechnological entrepreneurship by and through the
state's medical schools, and declares that the program enacted  by  this

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

co-Sponsors

2013-S6555A (ACTIVE) - Details

See Assembly Version of this Bill:
A9000
Current Committee:
Assembly Economic Development
Law Section:
Economic Development Law
Laws Affected:
Add Art 22 §§441 - 449, Ec Dev L
Versions Introduced in Other Legislative Sessions:
2015-2016: S4053, A3928
2017-2018: A1801

2013-S6555A (ACTIVE) - Summary

Relates to the New York state biomedical and biotechnological translational research and entrepreneurship initiative.

2013-S6555A (ACTIVE) - Sponsor Memo

2013-S6555A (ACTIVE) - Bill Text download pdf

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

                                 6555--A

                            I N  S E N A T E

                            February 5, 2014
                               ___________

Introduced  by  Sens.  GOLDEN,  GALLIVAN,  GRIFFO,  HANNON, RANZENHOFER,
  ROBACH, TKACZYK, VALESKY -- read twice and ordered printed,  and  when
  printed  to be committed to the Committee on Commerce, Economic Devel-
  opment and Small  Business  --  committee  discharged,  bill  amended,
  ordered reprinted as amended and recommitted to said committee

AN  ACT  to  amend  the economic development law, in relation to the New
  York state biomedical and biotechnological translational research  and
  entrepreneurship initiative

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

  Section 1.  Legislative  intent.  The  legislature  hereby  finds  and
declares  that  a coordinated program of research, entrepreneurship, and
public-private partnerships and collaborations centered in and with  the
state's  public  and  private medical schools can significantly increase
the speed and amount  of  commercialization  of  research  from  lab  to
market,  materially expanding economic and job opportunities for all New
Yorkers in this high growth sector and increasing the likelihood of high
impact healthcare breakthroughs, which will improve the health and well-
being of New Yorkers and potentially reduce health care costs.
  The legislature further finds that although New York state's  biomedi-
cal  and  biotechnological  research and infrastructure includes many of
the nation's top institutions, researchers and scientists, and has  many
natural  advantages  compared  to  other  states, development has lagged
behind the nation as a whole and many states in job growth and  economic
activity  for  a  decade; and further, that as other states make signif-
icant and targeted  investments  to  recruit  top  tier  scientists  and
researchers,  and develop incentives that are creating rapid growth, the
gap between New York and other states will increase, along with a poten-
tial migration of scientific and research  talent  to  other  states  in
search of opportunity and professional advancement.
  The  legislature  further finds that recent changes that have made New
York's economic development programs more sophisticated and  competitive
can  be  combined  with  other  statutory  approaches  and precedents to
support and incentivize an effective plan for development of  biomedical

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

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