Assembly Bill A1177

2021-2022 Legislative Session

Relates to marketing and expanding export trade

download bill text pdf

Sponsored By

Archive: Last Bill Status - Passed Senate & Assembly


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2021-A1177 (ACTIVE) - Details

See Senate Version of this Bill:
S5238
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §16-bb, UDC Act
Versions Introduced in 2019-2020 Legislative Session:
A10201

2021-A1177 (ACTIVE) - Summary

Enacts the marketing and expanding export trade - New York act to provide assistance to export trade development projects designed to encourage and assist businesses, industrial firms or industry groups to engage in export trade regionally and globally, and to coordinate other state economic development programs with such projects.

2021-A1177 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1177
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              January 7, 2021
                                ___________
 
 Introduced  by  M.  of  A.  BUTTENSCHON -- read once and referred to the
   Committee on Economic Development
 
 AN ACT to amend the New York state urban development corporation act, in
   relation to marketing and expanding export trade
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Short  title. This act shall be known and may be cited as
 the "marketing and expanding export trade - New York  act"  or  "MEET-NY
 act".
   §  2.  Legislative  intent.  Participation  in  the  fast-paced    and
 intensely competitive  global marketplace by New York  state  businesses
 is  critical  for the   long  term  economic  stability  of  the  state.
 Several barriers exist, however, for businesses seeking to  expand  into
 or  enter  in the export market. Businesses, especially small and medium
 businesses are often overlooked as  potential  exporters  of  goods  and
 services  thus  information  to  begin and maintain an export program is
 therefore not targeted to them.  Businesses need support in the form  of
 updated  information,  technical  expertise and to develop working alli-
 ances to position themselves to  maximize  trade  potential  with  other
 countries, states and regionally within New York state. The state cannot
 remain  static  if  it  is  to grow, and it must develop a comprehensive
 strategy to encourage and assist all businesses to realize the  promises
 of expanded international, inter-state and intra-state trade.
   §  3.  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 section 16-bb to read as follows:
   § 16-BB. MARKETING AND EXPANDING EXPORT TRADE - NEW YORK (MEET-NY). 1.
 THE CORPORATION IS HEREBY AUTHORIZED, USING AVAILABLE APPROPRIATIONS, TO
 PROVIDE ASSISTANCE TO EXPORT  TRADE  DEVELOPMENT  PROJECTS  DESIGNED  TO
 ENCOURAGE  AND ASSIST BUSINESSES, INDUSTRIAL FIRMS OR INDUSTRY GROUPS TO

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02192-01-1
              

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