Assembly Bill A2586A

2013-2014 Legislative Session

Relates to program loans to small businesses

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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

2013-A2586 - Details

Current Committee:
Assembly Small Business
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Amd §16-t, UDC Act
Versions Introduced in Other Legislative Sessions:
2011-2012: A10189
2015-2016: A3739

2013-A2586 - Summary

Relates to program loans to small businesses; authorizes such loans to be used for short term financing for the purpose of performing contracts to provide for construction or professional services for state procurement purposes.

2013-A2586 - Bill Text download pdf

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

                                  2586

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            January 16, 2013
                               ___________

Introduced  by  M.  of  A.  SCARBOROUGH -- read once and referred to the
  Committee on Small Business

AN ACT to amend the New York state urban development corporation act, in
  relation to program loans to small businesses

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

  Section  1. Paragraphs (c) and (d) of subdivision 3 of section 16-t of
section 1 of chapter 174 of the laws of 1968, constituting the New  York
state urban development corporation act, as amended by section 1 of part
N of chapter 59 of the laws of 2010, are amended and a new paragraph (e)
is added to read as follows:
  (c)  the  acquisition of machinery and equipment, property or improve-
ment; [or] (d) the refinancing of debt obligations[.]; OR (E) SHORT TERM
FINANCING FOR  THE  PURPOSE  OF  PERFORMING  CONTRACTS  TO  PROVIDE  FOR
CONSTRUCTION OR PROFESSIONAL SERVICES FOR STATE PROCUREMENT PURPOSES.
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02751-01-3


              

2013-A2586A (ACTIVE) - Details

Current Committee:
Assembly Small Business
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Amd §16-t, UDC Act
Versions Introduced in Other Legislative Sessions:
2011-2012: A10189
2015-2016: A3739

2013-A2586A (ACTIVE) - Summary

Relates to program loans to small businesses; authorizes such loans to be used for short term financing for the purpose of performing contracts to provide for construction or professional services for state procurement purposes.

2013-A2586A (ACTIVE) - Bill Text download pdf

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

                                 2586--A

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            January 16, 2013
                               ___________

Introduced  by  M.  of  A.  SCARBOROUGH -- read once and referred to the
  Committee on Small Business -- recommitted to the Committee  on  Small
  Business  in  accordance  with  Assembly  Rule  3, sec. 2 -- 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 program loans to small businesses

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

  Section  1. Paragraphs (c) and (d) of subdivision 3 of section 16-t of
section 1 of chapter 174 of the laws of 1968, constituting the New  York
state urban development corporation act, as amended by section 1 of part
II  of  chapter  59 of the laws of 2013, are amended and a new paragraph
(e) is added to read as follows:
  (c) the acquisition of machinery and equipment, property  or  improve-
ment; [or] (d) the refinancing of debt obligations[.]; OR (E) SHORT TERM
FINANCING  FOR  THE  PURPOSE  OF  PERFORMING  CONTRACTS  TO  PROVIDE FOR
CONSTRUCTION OR PROFESSIONAL SERVICES FOR STATE PROCUREMENT PURPOSES.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02751-02-4


              

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