senate Bill S7423

Vetoed By Governor
2017-2018 Legislative Session

Relates to assistance for certain small businesses

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Sponsored By

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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Actions

view actions (13)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Dec 28, 2018 vetoed memo.358
Dec 18, 2018 delivered to governor
Jun 19, 2018 returned to senate
passed assembly
May 31, 2018 ordered to third reading cal.958
substituted for a9524
Mar 27, 2018 referred to small business
delivered to assembly
passed senate
Mar 13, 2018 advanced to third reading
Mar 12, 2018 2nd report cal.
Mar 06, 2018 1st report cal.591
Jan 17, 2018 referred to corporations, authorities and commissions

Votes

view votes

Mar 6, 2018 - Corporations, Authorities and Commissions committee Vote

S7423
7
0
committee
7
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Corporations, Authorities and Commissions committee vote details

Corporations, Authorities and Commissions Committee Vote: Mar 6, 2018

Co-Sponsors

S7423 (ACTIVE) - Details

See Assembly Version of this Bill:
A9524
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Amd §16-m, UDC Act

S7423 (ACTIVE) - Summary

Relates to assistance for certain small businesses including dry cleaners and those that practice nail specialty for necessary code related improvements.

S7423 (ACTIVE) - Sponsor Memo

S7423 (ACTIVE) - Bill Text download pdf


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

                                  7423

                            I N  S E N A T E

                            January 17, 2018
                               ___________

Introduced  by  Sen.  AVELLA -- 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, in
  relation to assistance for certain small businesses

  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 SMALL BUSINESSES ENGAGED IN DRY CLEANING OR APPEAR-
ANCE ENHANCEMENT BUSINESSES WHICH PRACTICE NAIL SPECIALTY TO MAKE  CAPI-
TAL IMPROVEMENTS THROUGH GRANTS AND FLEXIBLE FINANCING PROGRAMS, INCLUD-
ING,  BUT NOT LIMITED TO, LOAN LOSS RESERVE AND REVOLVING LOAN PROGRAMS,
WORKING CAPITAL LOANS, WORKING CAPITAL LOAN GUARANTEES, OR OTHER  FLEXI-
BLE  FINANCING PROGRAMS THAT LEVERAGE TRADITIONAL FINANCING. SUCH FINAN-
CIAL ASSISTANCE SHALL BE USED TO ASSIST:   (I) DRY  CLEANING  BUSINESSES
FOR  THE  PURCHASE AND INSTALLATION OF NON-PERCHLORETHYLENE MACHINES AND
SPRINKLER SYSTEMS TO COMPLY WITH STATE AND LOCAL CODES, RULES AND  REGU-
LATIONS;  AND (II) APPEARANCE ENHANCEMENT BUSINESSES WHICH PRACTICE NAIL
SPECIALTY TO MAKE CAPITAL IMPROVEMENTS AND UPGRADES TO MECHANICAL VENTI-
LATION SYSTEMS THAT ARE NECESSARY TO  COMPLY  WITH  FEDERAL,  STATE  AND
LOCAL  INDOOR AIR QUALITY CODES, RULES AND REGULATIONS. THE CORPORATION,
IN CONSULTATION  WITH  THE  ENVIRONMENTAL  FACILITIES  CORPORATION,  THE
DEPARTMENT  OF  ENVIRONMENTAL CONSERVATION AND THE DEPARTMENT OF HEALTH,
SHALL PROMULGATE ALL NECESSARY RULES AND REGULATIONS TO  FACILITATE  AND
ADMINISTER  SUCH ASSISTANCE PROGRAM. FOR THE PURPOSES OF THIS PARAGRAPH,
"SMALL BUSINESSES" SHALL HAVE THE SAME MEANING AS DEFINED IN SECTION ONE
HUNDRED THIRTY-ONE OF THE ECONOMIC DEVELOPMENT LAW.
  § 2. This act shall take effect on the ninetieth day  after  it  shall
have  become a law; provided, however, the amendments to subdivision one
of section 16-m of section 1 of chapter 174 of the laws of 1968, consti-
tuting the New York state urban  development  corporation  act  made  by

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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