assembly Bill A7427A

2017-2018 Legislative Session

Relates to reporting requirements for the START-UP NY program

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Archive: Last Bill Status - In Assembly Committee


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

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Actions

view actions (6)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Apr 23, 2018 print number 7427a
Apr 23, 2018 amend and recommit to ways and means
Jan 03, 2018 referred to ways and means
Jun 15, 2017 reported referred to rules
May 09, 2017 reported referred to ways and means
Apr 25, 2017 referred to economic development

Co-Sponsors

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Multi-Sponsors

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A7427 - Details

See Senate Version of this Bill:
S5985
Law Section:
Economic Development Law
Laws Affected:
Amd §§438 & 433, Ec Dev L
Versions Introduced in 2019-2020 Legislative Session:
A2429, S661

A7427 - Summary

Relates to reporting requirements for the START-UP NY program; requires an annual report be prepared and provided to the governor and the legislature including, but not limited to, the number of business applicants, number of businesses approved, benefits distributed and received and the number of net new jobs created per business including cumulative data that reflects the amount previously recorded and adjusted for net new jobs that have been lost.

A7427 - Bill Text download pdf


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

                                  7427

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                             April 25, 2017
                               ___________

Introduced  by  M.  of  A. SCHIMMINGER, THIELE, WALTER, BARRETT, BARRON,
  BRAUNSTEIN, BRINDISI, BRONSON, BUTLER, CAHILL, CROUCH, ERRIGO,  JENNE,
  SKARTADOS,  SKOUFIS  --  read  once  and  referred to the Committee on
  Economic Development

AN ACT to amend the economic development law, in relation  to  reporting
  requirements  for  the  START-UP  NY  program  including specific data
  relating to net new jobs

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

  Section  1. Notwithstanding the provisions of article 5 of the general
construction law, the provisions of section 438 of the economic develop-
ment law, as amended by section two of this act, are hereby revived  and
shall  continue  in  full force and effect as such provisions existed on
April 10, 2017.
  § 2. Section 438 of the economic development law, as added by  section
1  of  part  A  of chapter 68 of the laws of 2013, is amended to read as
follows:
  § 438. Disclosure authorization and  reporting  requirements.  1.  The
commissioner  and  the  department shall disclose publicly the names and
addresses of the businesses located within a tax-free NY area. In  addi-
tion,  the  commissioner  and the department shall disclose publicly and
include in the annual report required  under  subdivision  two  of  this
section  such  other  information contained in such businesses' applica-
tions and annual reports, including the projected number of net new jobs
to be created, as they determine is relevant and necessary  to  evaluate
the success of this program.
  2. (a) The commissioner shall prepare an annual report to the governor
and the legislature NO LATER THAN APRIL FIRST, TWO THOUSAND EIGHTEEN AND
ANNUALLY  THEREAFTER.   Such report shall include the number of business
applicants, number of businesses approved, the names  and  addresses  of
the  businesses located within a tax-free NY area, total amount of bene-

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

Co-Sponsors

view additional co-sponsors

Multi-Sponsors

view additional multi-sponsors

A7427A (ACTIVE) - Details

See Senate Version of this Bill:
S5985
Law Section:
Economic Development Law
Laws Affected:
Amd §§438 & 433, Ec Dev L
Versions Introduced in 2019-2020 Legislative Session:
A2429, S661

A7427A (ACTIVE) - Summary

Relates to reporting requirements for the START-UP NY program; requires an annual report be prepared and provided to the governor and the legislature including, but not limited to, the number of business applicants, number of businesses approved, benefits distributed and received and the number of net new jobs created per business including cumulative data that reflects the amount previously recorded and adjusted for net new jobs that have been lost.

A7427A (ACTIVE) - Bill Text download pdf


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

                                 7427--A

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                             April 25, 2017
                               ___________

Introduced  by  M.  of  A. SCHIMMINGER, THIELE, WALTER, BARRETT, BARRON,
  BRAUNSTEIN, BRINDISI, BRONSON, BUTLER, CAHILL, CROUCH, ERRIGO,  JENNE,
  SKARTADOS,   SKOUFIS,   BENEDETTO,   LUPARDO,  M. G. MILLER,  HYNDMAN,
  JEAN-PIERRE, WILLIAMS,  GALEF,  ROZIC,  ABINANTI,  D'URSO,  MORINELLO,
  JAFFEE,  GOTTFRIED,  ORTIZ,  OAKS, RA, MURRAY, MONTESANO, BLANKENBUSH,
  DICKENS, HEVESI, LAWRENCE, BRABENEC, BLAKE, SEPULVEDA,  KOLB,  LAVINE,
  WRIGHT,  FAHY, COOK, HAWLEY -- Multi-Sponsored by -- M. of A. BARCLAY,
  BUCHWALD, GLICK, MAGEE, McDONOUGH, PRETLOW, SIMON, WALSH, WEINSTEIN --
  read once and referred to the Committee  on  Economic  Development  --
  reported  and referred to the Committee on Ways and Means -- recommit-
  ted to the Committee on Ways and Means  in  accordance  with  Assembly
  Rule  3,  sec.  2  --  committee  discharged,  bill  amended,  ordered
  reprinted as amended and recommitted to said committee

AN ACT to amend the economic development law, in relation  to  reporting
  requirements  for  the  START-UP  NY  program  including specific data
  relating to net new jobs

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

  Section  1. Notwithstanding the provisions of article 5 of the general
construction law, the provisions of section 438 of the economic develop-
ment law, as amended by section two of this act, are hereby revived  and
shall  continue  in  full force and effect as such provisions existed on
April 10, 2017.
  § 2. Section 438 of the economic development law, as added by  section
1  of  part  A  of chapter 68 of the laws of 2013, is amended to read as
follows:
  § 438. Disclosure authorization and  reporting  requirements.  1.  The
commissioner  and  the  department shall disclose publicly the names and
addresses of the businesses located within a tax-free NY area. In  addi-
tion,  the  commissioner  and the department shall disclose publicly and
include in the annual report required  under  subdivision  two  of  this

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