senate Bill S2184

2019-2020 Legislative Session

Relates to the establishment of a state university-based center for employee ownership; repealer

download bill text pdf

Sponsored By

Current Bill Status - Passed Senate


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

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Actions

view actions (7)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 19, 2019 referred to economic development
Jun 18, 2019 delivered to assembly
passed senate
ordered to third reading cal.1596
committee discharged and committed to rules
Feb 27, 2019 reported and committed to finance
Jan 23, 2019 referred to commerce, economic development and small business

Votes

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Jun 18, 2019 - Rules committee Vote

S2184
17
1
committee
17
Aye
1
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Rules committee vote details

Feb 27, 2019 - Commerce, Economic Development and Small Business committee Vote

S2184
9
0
committee
9
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Commerce, Economic Development and Small Business committee vote details

Commerce, Economic Development and Small Business Committee Vote: Feb 27, 2019

Co-Sponsors

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S2184 (ACTIVE) - Details

See Assembly Version of this Bill:
A7731
Law Section:
Economic Development Law
Laws Affected:
Rpld & add §104-a, Ec Dev L; amd §§1836-a, 1836-b, 1836-c, 1836-d & 1836-e, Pub Auth L; amd §612, Tax L
Versions Introduced in 2017-2018 Legislative Session:
S5685

S2184 (ACTIVE) - Summary

Relates to the establishment of a state university-based center for employee ownership.

S2184 (ACTIVE) - Sponsor Memo

S2184 (ACTIVE) - Bill Text download pdf


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

                                  2184

                       2019-2020 Regular Sessions

                            I N  S E N A T E

                            January 23, 2019
                               ___________

Introduced  by Sens. BAILEY, ADDABBO, COMRIE, HOYLMAN, MONTGOMERY, PARK-
  ER, PERSAUD, SAVINO -- read twice and ordered printed, and when print-
  ed to be committed to the Committee on Commerce, Economic  Development
  and Small Business

AN ACT to amend the economic development law, the public authorities law
  and the tax law, in relation to the establishment of a state universi-
  ty-based   center  for  employee  ownership;  and  to  repeal  certain
  provisions of the economic development law relating thereto

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

  Section  1.  Section 104-a of the economic development law is REPEALED
and a new section 104-a is added to read as follows:
  § 104-A. ESTABLISHMENT OF A STATE UNIVERSITY-BASED CENTER FOR EMPLOYEE
OWNERSHIP. WITH RESPECT TO  EMPLOYEE  OWNERSHIP,  THE  DEPARTMENT  SHALL
ESTABLISH  A  STATE  UNIVERSITY-BASED CENTER FOR EMPLOYEE OWNERSHIP "THE
CENTER".
  1. THE CENTER SHALL:
  (A) PROVIDE EDUCATION AND OUTREACH TO INFORM BUSINESS OWNERS ABOUT THE
BENEFITS OF EMPLOYEE OWNERSHIP SUCCESSIONS;
  (B)  ORGANIZE  WORKSHOPS  AND  CONFERENCES   ON   EMPLOYEE   OWNERSHIP
SUCCESSIONS;
  (C)  PREPARE  AND  DISTRIBUTE  MATERIALS CONCERNING EMPLOYEE OWNERSHIP
SUCCESSIONS;
  (D) PROVIDE INITIAL CONSULTATION  TO  BUSINESS  OWNERS  EXPLORING  THE
POSSIBILITY OF TRANSFERRING FULL OR PARTIAL OWNERSHIP TO EMPLOYEES;
  (E)  PROVIDE  A  REFERRAL  SERVICE TO HELP BUSINESS OWNERS FIND LEGAL,
FINANCIAL, AND TECHNICAL ADVICE IN CONNECTION  WITH  EMPLOYEE  OWNERSHIP
SUCCESSIONS;
  (F)  PARTNER  WITH  KEY  ORGANIZATIONS, SUCH AS PROFESSIONAL AND TRADE
ASSOCIATIONS,  FINANCIAL  INSTITUTIONS,  UNIONS,  ECONOMIC   DEVELOPMENT

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05608-02-9

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