S T A T E O F N E W Y O R K
________________________________________________________________________
3904
2015-2016 Regular Sessions
I N S E N A T E
February 20, 2015
___________
Introduced by Sen. GOLDEN -- read twice and ordered printed, and when
printed to be committed to the Committee on Veterans, Homeland Securi-
ty and Military Affairs
AN ACT to amend the economic development law, in relation to veterans
entrepreneurship assistance
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The economic development law is amended by adding a new
section 212-a to read as follows:
S 212-A. VETERANS ENTREPRENEURSHIP ASSISTANCE. THAT PORTION OF ANY
FUNDING PROVIDED TO SUPPORT CENTERS OR DEVELOPMENT CENTERS PURSUANT TO
SECTION TWO HUNDRED ELEVEN OR TWO HUNDRED TWELVE OF THIS ARTICLE FOR
MANAGEMENT AND ASSISTANCE TO VETERANS WHO ARE SEEKING TO START OR ARE
STARTING NEW BUSINESS VENTURES, OR TO TRAIN VETERANS IN THE PRINCIPLES
AND PRACTICE OF ENTREPRENEURSHIP IN ORDER TO PREPARE THEM TO PURSUE
SELF-EMPLOYMENT OPPORTUNITIES, SHALL BE BASED ON THE EXTENT, QUALITY,
AND COMPREHENSIVENESS OF SERVICES PROVIDED, DIRECTLY OR INDIRECTLY, AND
THE NUMBERS SERVED, AND NEED NOT BE EQUAL TO ALL SUPPORT CENTERS OR
DEVELOPMENT CENTERS. ANY SUCH FUNDING AMOUNTS SHALL ALSO BE AVAILABLE
ON APPLICATION AND ON THE BASIS OF THE SAME CRITERIA TO INCUBATORS
DESIGNATED AS NEW YORK STATE INCUBATORS PURSUANT TO SECTION SIXTEEN-V OF
THE URBAN DEVELOPMENT CORPORATION ACT. A PORTION OF FUNDS PROVIDED FOR
ANY SUCH PURPOSES SHALL ALSO BE AVAILABLE TO OBTAIN EXPERT CONSULTING
SERVICES TO AN ENTITY WHICH PROVIDES SUCH ENTREPRENEURIAL SERVICES TO
VETERANS ON A STATEWIDE AND NATIONAL BASIS.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09295-01-5