Senate Bill S7151

2017-2018 Legislative Session

Requires certain business recipients of state aid to perform an annual assessment of the business' social and environmental impact as assessed against a third party standard

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2017-S7151 (ACTIVE) - Details

Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Amd §§3, 30 & 30-a, UDC Act; add Art 23 §§450 - 452, Ec Dev L
Versions Introduced in Other Legislative Sessions:
2015-2016: S7767
2019-2020: S2309
2021-2022: S2953
2023-2024: S2958

2017-S7151 (ACTIVE) - Summary

Requires certain business recipients of state aid to perform an annual assessment of the business' social and environmental impact as assessed against a third party standard.

2017-S7151 (ACTIVE) - Sponsor Memo

2017-S7151 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7151
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 3, 2018
                                ___________
 
 Introduced  by Sen. KAVANAGH -- 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 and
   the  economic  development law, in relation to requiring certain busi-
   ness recipients of state aid to perform an annual  assessment  of  the
   business'  social and environmental impact as assessed against a third
   party standard
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Section 3 of 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 subdivision 31 to read as follows:
   (31)  "THIRD  PARTY  STANDARD".  A  RECOGNIZED  STANDARD FOR DEFINING,
 REPORTING, AND ASSESSING BUSINESS' SOCIAL AND ENVIRONMENTAL  PERFORMANCE
 THAT:
   (A)  ASSESSES  THE EFFECTS OF THE BUSINESS AND ITS OPERATIONS UPON THE
 FOLLOWING:
   (I) THE EMPLOYEES AND WORK FORCE OF THE  BUSINESS,  ITS  SUBSIDIARIES,
 AND ITS SUPPLIERS;
   (II) THE INTERESTS OF CUSTOMERS AS BENEFICIARIES OF THE BUSINESS;
   (III) COMMUNITY AND SOCIETAL FACTORS, INCLUDING THOSE OF EACH COMMUNI-
 TY  IN WHICH OFFICES OR FACILITIES OF THE BUSINESS, ITS SUBSIDIARIES, OR
 ITS SUPPLIERS ARE LOCATED; AND
   (IV) THE LOCAL AND GLOBAL ENVIRONMENT; AND
   (B) IS DEVELOPED BY AN ENTITY OTHER THAN:
   (I) THE STATE; OR
   (II) THE BUSINESS WHOSE  SOCIAL  AND  ENVIRONMENTAL  IMPACT  IS  BEING
 ASSESSED AGAINST THE THIRD PARTY STANDARD; AND
   (III) SUCH ENTITY SHALL:
   (A)  HAVE  ACCESS  TO  NECESSARY EXPERTISE TO ASSESS OVERALL BUSINESS'
 SOCIAL AND ENVIRONMENTAL PERFORMANCE; AND
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.