S T A T E O F N E W Y O R K
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10600
I N A S S E M B L Y
July 6, 2022
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Introduced by COMMITTEE ON RULES -- (at request of M. of A. Epstein) --
read once and referred to the Committee on Economic Development
AN ACT to amend chapter 174 of the laws of 1968, constituting the New
York state urban development corporation act, in relation to provid-
ing an exception to qualification for the small business seed funding
grant program
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph (ii) of subdivision 4 of section 16-gg of section
1 of chapter 174 of the laws of 1968, constituting the New York state
urban development corporation act, as added by section 1 of part CC of
chapter 58 of the laws of 2022, is amended to read as follows:
(ii) be a currently viable micro-business, small business, for-profit
arts and cultural organization including independent arts contractors
that (A) EXCEPT FOR INDEPENDENT ARTS CONTRACTORS, started business on
September 1, 2018 or later and (B) has been operational for at least six
months before an application is submitted;
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD16009-01-2