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Assembly Bill A4375

2019-2020 Legislative Session

Authorizes the development and implementation of an online tracking system for loans and grants

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Archive: Last Bill Status - In Assembly Committee

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2019-A4375 (ACTIVE) - Details

Current Committee:
Assembly Economic Development
Law Section:
Economic Development Law
Laws Affected:
Amd §100, Ec Dev L
Versions Introduced in Other Legislative Sessions:
2009-2010: A2324
2011-2012: A2036
2013-2014: A3160, A8413
2015-2016: A2301
2017-2018: A2224
2021-2022: A5140

2019-A4375 (ACTIVE) - Summary

Authorizes the development and implementation of an online tracking system for loans and grants by the department of economic development, in conjunction with the empire state development corporation and the urban development corporation; further provides for an email notification system for individuals and companies for electronic notification of grants, loans, policy changes and other general information.

2019-A4375 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4375
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 4, 2019
                                ___________
 
 Introduced by M. of A. MONTESANO, LALOR -- read once and referred to the
   Committee on Economic Development
 
 AN  ACT to amend the economic development law, in relation to developing
   an online tracking system for loans and grants
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision 47 of section 100 of the economic development
 law, as renumbered by chapter 427 of the laws  of  2008,  is  renumbered
 subdivision 48 and a new subdivision 47 is added to read as follows:
   47.  TO  DEVELOP  AND  IMPLEMENT, IN CONJUNCTION WITH THE EMPIRE STATE
 DEVELOPMENT CORPORATION AND THE URBAN DEVELOPMENT CORPORATION, AN ONLINE
 TRACKING SYSTEM FOR LOANS AND GRANTS ADMINISTERED THROUGH  EACH  RESPEC-
 TIVE  ENTITY. AN EMAIL NOTIFICATION SYSTEM THROUGH WHICH INDIVIDUALS AND
 COMPANIES CAN SIGN UP FOR  ELECTRONIC  NOTIFICATION  OF  GRANTS,  LOANS,
 POLICY  CHANGES AND OTHER GENERAL INFORMATION SHALL ALSO BE MADE READILY
 AVAILABLE TO THE PUBLIC.
   § 2. This act shall take effect immediately.
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08272-01-9

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