| Assembly Actions - Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| Dec 07, 2018 | tabled vetoed memo.274 |
| Nov 26, 2018 | delivered to governor |
| Jun 18, 2018 | returned to assembly passed senate 3rd reading cal.1849 substituted for s6855a committed to rules returned to senate repassed assembly |
| Jun 13, 2018 | amended on third reading 2804a |
| Jun 13, 2018 | vote reconsidered - restored to third reading recalled from senate |
| Mar 19, 2018 | referred to corporations, authorities and commissions delivered to senate passed assembly |
| Jan 03, 2018 | ordered to third reading cal.223 returned to assembly died in senate |
| May 09, 2017 | referred to commerce, economic development and small business delivered to senate passed assembly |
| May 04, 2017 | advanced to third reading cal.273 |
| May 02, 2017 | reported |
| Feb 14, 2017 | reported referred to ways and means |
| Jan 23, 2017 | referred to small business |
assembly Bill A2804A
Vetoed By Governor2017-2018 Legislative Session
Sponsored By
THIELE
Archive: Last Bill Status - Vetoed by Governor
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Vetoed by Governor
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Bill Amendments
A2804 - Details
A2804 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
2804
2017-2018 Regular Sessions
I N A S S E M B L Y
January 23, 2017
___________
Introduced by M. of A. THIELE -- Multi-Sponsored by -- M. of A. LOPEZ --
read once and referred to the Committee on Small Business
AN ACT to amend the New York state urban development corporation act and
the economic development law, in relation to the creation of micro-bu-
siness worker cooperatives upon transfer of ownership
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 1 of section 16-m 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 paragraph (o) to read as
follows:
(O) ASSISTANCE TO ELIGIBLE ENTITIES PURSUANT TO ARTICLE FIVE-A OF THE
COOPERATIVE CORPORATIONS LAW TO PROVIDE FINANCING IN THE FORM OF LOANS,
LOAN GUARANTEES, AND INTEREST SUBSIDY GRANTS TO SUBSIDIZE LOANS FROM
FEDERALLY CHARTERED INSTRUMENTALITIES AND STATE AND PRIVATE LENDING
INSTITUTIONS TO FACILITATE THE CREATION OF WORKER COOPERATIVES THAT
PROMOTE CONTINUATION OF EXISTING MICRO-BUSINESSES EITHER AS A PART OF A
PREEXISTING BUSINESS SUCCESSION OF OWNERSHIP PLAN OR AS ALTERNATIVE
OPTION IF A BUSINESS IS BEING OFFERED FOR SALE OR TRANSFER BY THE
CURRENT OWNER OR THE HEIRS OR ESTATE OF A DECEASED OWNER. FOR THE
PURPOSES OF THIS SECTION, A MICRO-BUSINESS SHALL BE DEFINED AS A BUSI-
NESS WITH FIVE OR LESS FULL-TIME OR FULL-TIME EQUIVALENT EMPLOYEES. ALL
ELIGIBLE ENTITIES SHALL BE REQUIRED TO SUBMIT A BUSINESS PLAN WITH THEIR
APPLICATION REQUESTING ASSISTANCE.
§ 2. The opening paragraph of section 104-a of the economic develop-
ment law, as added by chapter 788 of the laws of 1983, is amended to
read as follows:
With respect to employee ownership assistance loans provided for in
subtitle six of title eight of article eight of the public authorities
law AND PARAGRAPH (O) OF SUBDIVISION ONE OF SECTION SIXTEEN-M OF SECTION
ONE OF CHAPTER ONE HUNDRED SEVENTY-FOUR OF THE LAWS OF NINETEEN HUNDRED
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
A2804A (ACTIVE) - Details
A2804A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
2804--A
Cal. No. 223
2017-2018 Regular Sessions
I N A S S E M B L Y
January 23, 2017
___________
Introduced by M. of A. THIELE -- read once and referred to the Committee
on Small Business -- advanced to a third reading, passed by Assembly
and delivered to the Senate, recalled from the Senate, vote reconsid-
ered, bill amended, ordered reprinted, retaining its place on the
order of third reading
AN ACT to amend the New York state urban development corporation act and
the economic development law, in relation to the creation of micro-bu-
siness worker cooperatives upon transfer of ownership
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 1 of section 16-m 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 paragraph (o) to read as
follows:
(O) ASSISTANCE TO ELIGIBLE ENTITIES PURSUANT TO ARTICLE FIVE-A OF THE
COOPERATIVE CORPORATIONS LAW TO PROVIDE FINANCING IN THE FORM OF LOANS,
LOAN GUARANTEES, AND INTEREST SUBSIDY GRANTS TO SUBSIDIZE LOANS FROM
FEDERALLY CHARTERED INSTRUMENTALITIES AND STATE AND PRIVATE LENDING
INSTITUTIONS TO FACILITATE THE CREATION OF WORKER COOPERATIVES THAT
PROMOTE CONTINUATION OF EXISTING MICRO-BUSINESSES EITHER AS A PART OF A
PREEXISTING BUSINESS SUCCESSION OF OWNERSHIP PLAN OR AS ALTERNATIVE
OPTION IF A BUSINESS IS BEING OFFERED FOR SALE OR TRANSFER BY THE
CURRENT OWNER OR THE HEIRS OR ESTATE OF A DECEASED OWNER. FOR THE
PURPOSES OF THIS SECTION, A MICRO-BUSINESS SHALL BE DEFINED AS A BUSI-
NESS WITH FIVE OR LESS FULL-TIME OR FULL-TIME EQUIVALENT EMPLOYEES. ALL
ELIGIBLE ENTITIES SHALL BE REQUIRED TO SUBMIT A BUSINESS PLAN WITH THEIR
APPLICATION REQUESTING ASSISTANCE.
§ 2. The opening paragraph of section 104-a of the economic develop-
ment law, as added by chapter 788 of the laws of 1983, is amended to
read as follows:
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.