senate Bill S4078

2013-2014 Legislative Session

Enacts the New York state business incubator support act

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Sponsored By

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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Actions

view actions (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to corporations, authorities and commissions
Mar 18, 2013 reported and committed to finance
Mar 07, 2013 referred to corporations, authorities and commissions

Votes

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Mar 18, 2013 - Corporations, Authorities and Commissions committee Vote

S4078
5
0
committee
5
Aye
0
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Corporations, Authorities and Commissions committee vote details

Corporations, Authorities and Commissions Committee Vote: Mar 18, 2013

aye wr (1)

Co-Sponsors

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S4078 - Details

Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add ยง16-v, UDC Act

S4078 - Summary

Enacts the New York state business incubator support act to develop financially stable successful firms by providing a comprehensive array of entrepreneurial supports, resources, and services, including management guidance, technical assistance, consulting, mentoring, education, networking opportunities, and access to capital and markets, tailored to the individual needs of the business entities being incubated.

S4078 - Sponsor Memo

S4078 - Bill Text download pdf

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

                                  4078

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                              March 7, 2013
                               ___________

Introduced  by  Sens. GOLDEN, BALL, BONACIC, GALLIVAN, GRIFFO, GRISANTI,
  MAZIARZ, RANZENHOFER,  SEWARD,  VALESKY,  ZELDIN  --  read  twice  and
  ordered  printed, and when printed to be committed to the Committee on
  Corporations, Authorities and Commissions

AN ACT to amend the New York state urban development corporation act, in
  relation to the New York state small business incubator support act

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

  Section  1.  Legislative  findings  and intent. The legislature hereby
finds and declares that the path to prosperity and the economic recovery
of New York state lies in job creation and in broadening economic choice
and career opportunities for  all  citizens  of  this  state,  and  that
achieving  these  goals  can  be  accelerated  by the enhancement of the
state's innovation and entrepreneurial spirit via the growth and  devel-
opment  of  business  incubator  programs  that provide entrepreneurial,
economic, and business development support and resources.
  The legislature further finds that the goal and  purpose  of  business
incubation  programs  that  include  physical space or are virtual incu-
bation programs is to develop financially  stable  successful  firms  by
providing  a comprehensive array of entrepreneurial supports, resources,
and  services,  including  management  guidance,  technical  assistance,
consulting,  mentoring,  education,  networking opportunities, access to
capital and markets, tailored to the individual needs  of  the  business
entities being incubated.
  The  legislature further finds that the concept of business incubation
and business development programs originated in New York  in  1959  when
Joseph Mancuso opened the Batavia Industrial Center in a Batavia factory
building,  a  concept that has since spread from New York throughout the
country and the world, to the extent that there  are  now  an  estimated
1,400 incubators in North America, and 7,000 in the world.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09545-01-3

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