senate Bill S6544

2013-2014 Legislative Session

Relates to requiring the payment of small business grants within one hundred twenty days of notification of such funding

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Archive: Last Bill Status - Passed Senate


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

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 29, 2014 referred to corporations, authorities and commissions
delivered to assembly
passed senate
May 19, 2014 advanced to third reading
May 14, 2014 2nd report cal.
May 13, 2014 1st report cal.772
Feb 04, 2014 referred to energy and telecommunications

Votes

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May 13, 2014 - Energy and Telecommunications committee Vote

S6544
9
0
committee
9
Aye
0
Nay
1
Aye with Reservations
0
Absent
1
Excused
0
Abstained
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Energy and Telecommunications Committee Vote: May 13, 2014

aye wr (1)
excused (1)

Co-Sponsors

S6544 - Bill Details

See Assembly Version of this Bill:
A9983
Current Committee:
Law Section:
Public Authorities Law
Laws Affected:
Amd ยง1854, Pub Auth L

S6544 - Bill Texts

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Relates to requiring the payment of small business grants within one hundred twenty days of notification of such funding.

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BILL NUMBER:S6544

TITLE OF BILL: An act to amend the public authorities law, in
relation to requiring the payment of small business grants within one
hundred twenty days of notification of such funding

PURPOSE:

To ensure that the payment of grants by NYSERDA to small businesses is
made no later than 180 days after the notification of such funding
award.

SUMMARY OF PROVISIONS:

Section 1 - amends subdivision 14 of section 1854 of the Public
Authorities Law to provide that the New York State Energy and Research
Development Authority (NYSERDA) must make payments of grants to small
businesses as defined section 102 of the State Administrative
Procedure Act within 180 days after the notification of the grant.

Section 2 - provides that this act shall take effect immediately.

JUSTIFICATION:

There is often a lengthy delay between the time a small business is
notified that it is the recipient of a grant and the time when the
grant funds are actually received. This bill will ensure that small
businesses, as defined in section 102 of the State Administrative Act,
will receive their grants from NYSERDA on a timely basis. Currently,
NYSERDA grants can be subject to lengthy delays. Once a grant is
announced, small businesses should be able to rely on the timely
payment of the grant funds as they proceed with their planning and
budgeting process. Long delays are unacceptable and can cause severe
financial disruptions as businesses wait for funds they had been
promised and reasonably expected would be forthcoming.

LEGISLATIVE HISTORY:

New bill.

FISCAL IMPLICATIONS:

None to state.

EFFECTIVE DATE:

This act shall take effect immediately.

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

                                  6544

                            I N  S E N A T E

                            February 4, 2014
                               ___________

Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
  when printed to be committed to the Committee on Energy and Telecommu-
  nications

AN ACT to amend the public authorities law, in relation to requiring the
  payment of small business grants within one  hundred  twenty  days  of
  notification of such funding

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

  Section 1. Subdivision 14 of section 1854 of  the  public  authorities
law,  as  added by chapter 83 of the laws of 1995, is amended to read as
follows:
  14. (A) To apply for and to administer federal research  and  develop-
ment grants and other monies for the benefit of consumers.
  (B)  TO  MAKE  PAYMENTS TO SMALL BUSINESSES, AS DEFINED BY SUBDIVISION
EIGHT OF SECTION ONE HUNDRED TWO OF THE STATE  ADMINISTRATIVE  PROCEDURE
ACT,  FOR  GRANTS  ADMINISTERED BY THE AUTHORITY. PAYMENT OF SUCH GRANTS
SHALL BE MADE NO LATER THAN ONE HUNDRED TWENTY DAYS  AFTER  NOTIFICATION
OF SUCH FUNDING AWARD.
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13645-02-4

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