assembly Bill A3168

2013-2014 Legislative Session

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

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Archive: Last Bill Status -

  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to economic development
Jan 23, 2013 referred to economic development

A3168 - Details

See Senate Version of this Bill:
Law Section:
Public Authorities Law
Laws Affected:
Amd §3150, add §3154-a, Pub Auth L
Versions Introduced in Previous Legislative Sessions:
2011-2012: A9311, S2710
2009-2010: A253, S2290

A3168 - Summary

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

A3168 - Bill Text download pdf

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


                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            January 23, 2013

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

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


  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-
  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;
  5. "Regional partnership coordinator" shall mean a nonprofit organiza-
tion chosen by a regional partnership and certified by the foundation to
administer the regional partnership programs;

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


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