Assembly Bill A8900A

2013-2014 Legislative Session

Provides small businesses with grants to commercialize energy and environmental technology innovations in-state

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Energy And Telecommunications 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

multi-Sponsors

2013-A8900 - Details

Current Committee:
Senate Energy And Telecommunications
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §16-x, UDC Act
Versions Introduced in Other Legislative Sessions:
2015-2016: A5932
2017-2018: A6110, A9872
2019-2020: A2310
2021-2022: A4874, A9309
2023-2024: A7307

2013-A8900 - Summary

Provides small businesses with grants of up to $100,000 to commercialize energy and environmental technology innovations and ideas in-state to stimulate economic development.

2013-A8900 - Bill Text download pdf

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

                                  8900

                          I N  A S S E M B L Y

                            February 27, 2014
                               ___________

Introduced by M. of A. PICHARDO -- Multi-Sponsored by -- M. of A. HEAST-
  IE -- 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 creating the New York state innovative energy and environ-
  mental technology program

  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  the success of innovative energy and environmental tech-
nology-oriented businesses with growth potential  is  essential  to  the
continued  economic health and security of New York state. It is further
found that the development of new products to assist  mature  industries
undergoing  dramatic changes or facing increasing international competi-
tion with reducing energy costs and complying with  environmental  regu-
lations,  can  serve to retain, and even increase, employment.  However,
commercialization of these products  is  restrained  as  numerous  small
businesses are limited by lack of early stage financing.
  Therefore,  the  legislature seeks to provide early stage funds, via a
grants program, to stimulate the creation of a substantial number of new
businesses and jobs in the energy and environmental sector.
  S 2. 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 16-w to read as follows:
  S  16-W. NEW YORK STATE INNOVATIVE ENERGY AND ENVIRONMENTAL TECHNOLOGY
PROGRAM. 1. DEFINITIONS. AS USED IN THIS SUBSECTION, THE FOLLOWING WORDS
AND TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  (A) "INNOVATIVE ENERGY TECHNOLOGIES" SHALL MEAN ALL  METHODS  USED  TO
PRODUCE,  DISTRIBUTE,  CONSERVE  AND  STORE ENERGY BY METHODS WHICH HAVE
SIGNIFICANT POTENTIAL FOR COMMERCIALIZATION, WITH EMPHASIS ON  RENEWABLE
ENERGY  SOURCES  INCLUDING, BUT NOT LIMITED TO, SOLAR, WIND, FUEL CELLS,
ADVANCED HYDROELECTRIC, AND BIOMASS POWER CONVERSION TECHNOLOGIES.
  (B) "INNOVATIVE ENVIRONMENTAL TECHNOLOGIES"  SHALL  MEAN  TECHNOLOGIES
THAT   ADVANCE  SUSTAINABLE  DEVELOPMENT  BY  REDUCING  RISK,  ENHANCING
COST-EFFECTIVENESS, IMPROVING PROCESS EFFICIENCY, AND CREATING  PRODUCTS

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

co-Sponsors

multi-Sponsors

2013-A8900A (ACTIVE) - Details

Current Committee:
Senate Energy And Telecommunications
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §16-x, UDC Act
Versions Introduced in Other Legislative Sessions:
2015-2016: A5932
2017-2018: A6110, A9872
2019-2020: A2310
2021-2022: A4874, A9309
2023-2024: A7307

2013-A8900A (ACTIVE) - Summary

Provides small businesses with grants of up to $100,000 to commercialize energy and environmental technology innovations and ideas in-state to stimulate economic development.

2013-A8900A (ACTIVE) - Bill Text download pdf

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

                                 8900--A

                          I N  A S S E M B L Y

                            February 27, 2014
                               ___________

Introduced   by  M.  of  A.  PICHARDO,  CRESPO,  ROBINSON,  SCARBOROUGH,
  BUCHWALD, SEPULVEDA -- Multi-Sponsored by -- M. of A.  HEASTIE,  SIMA-
  NOWITZ,  SKARTADOS,  SOLAGES, SWEENEY, THIELE, WEISENBERG -- read once
  and referred to the  Committee  on  Small  Business  --  reported  and
  referred  to  the Committee on Ways and Means -- 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 creating the New York state innovative energy and environ-
  mental technology program

  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  the success of innovative energy and environmental tech-
nology-oriented businesses with growth potential  is  essential  to  the
continued  economic health and security of New York state. It is further
found that the development of new products to assist  mature  industries
undergoing  dramatic changes or facing increasing international competi-
tion with reducing energy costs and complying with  environmental  regu-
lations,  can  serve to retain, and even increase, employment.  However,
commercialization of these products  is  restrained  as  numerous  small
businesses are limited by lack of early stage financing.
  Therefore,  the  legislature seeks to provide early stage funds, via a
grants program, to stimulate the creation of a substantial number of new
businesses and jobs in the energy and environmental sector.
  S 2. 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 16-x to read as follows:
  S  16-X. NEW YORK STATE INNOVATIVE ENERGY AND ENVIRONMENTAL TECHNOLOGY
PROGRAM. 1. DEFINITIONS. AS USED IN THIS SECTION,  THE  FOLLOWING  WORDS
AND TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  (A)  "INNOVATIVE  ENERGY  TECHNOLOGIES" SHALL MEAN ALL METHODS USED TO
PRODUCE, DISTRIBUTE, CONSERVE AND STORE ENERGY  BY  METHODS  WHICH  HAVE
SIGNIFICANT  POTENTIAL FOR COMMERCIALIZATION, WITH EMPHASIS ON RENEWABLE

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

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