Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 23, 2022 |
returned to senate passed assembly ordered to third reading rules cal.300 substituted for a6286 |
May 23, 2022 |
substituted by s6394 rules report cal.300 reported |
May 18, 2022 |
reported referred to rules |
Jan 05, 2022 |
referred to ways and means |
Apr 27, 2021 |
reported referred to ways and means |
Mar 12, 2021 |
referred to small business |
Assembly Bill A6286
2021-2022 Legislative Session
Relates to the creation of micro-business worker cooperatives upon transfer of ownership
download bill text pdfSponsored By
STIRPE
Archive: Last Bill Status Via S6394 - Passed Assembly
- Introduced
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- In Committee Assembly
- In Committee Senate
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- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
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Floor Vote: Mar 30, 2022
aye (62)- Addabbo Jr.
- Akshar
- Bailey
- Biaggi
- Borrello
- Boyle
- Breslin
- Brisport
- Brooks
- Brouk
- Cleare
- Comrie
- Cooney
- Felder
- Gallivan
- Gaughran
- Gianaris
- Gounardes
- Griffo
- Harckham
- Helming
- Hinchey
- Hoylman-Sigal
- Jackson
- Jordan
- Kaminsky
- Kaplan
- Kavanagh
- Kennedy
- Krueger
- Lanza
- Liu
- Mannion
- Martucci
- Mattera
- May
- Mayer
- Myrie
- O'Mara
- Oberacker
- Ortt
- Palumbo
- Parker
- Persaud
- Ramos
- Rath III
- Reichlin-Melnick
- Ritchie
- Rivera
- Ryan
- Salazar
- Sanders Jr.
- Savino
- Sepúlveda
- Serino
- Serrano
- Stavisky
- Stec
- Stewart-Cousins
- Tedisco
- Thomas
- Weik
nay (1)
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Floor Vote: May 25, 2021
aye (62)- Addabbo Jr.
- Akshar
- Bailey
- Benjamin
- Biaggi
- Borrello
- Boyle
- Breslin
- Brisport
- Brooks
- Brouk
- Comrie
- Cooney
- Felder
- Gallivan
- Gaughran
- Gianaris
- Gounardes
- Griffo
- Harckham
- Helming
- Hinchey
- Hoylman-Sigal
- Jackson
- Jordan
- Kaminsky
- Kaplan
- Kavanagh
- Kennedy
- Krueger
- Lanza
- Liu
- Mannion
- Martucci
- Mattera
- May
- Mayer
- Myrie
- O'Mara
- Oberacker
- Ortt
- Palumbo
- Parker
- Persaud
- Ramos
- Rath III
- Reichlin-Melnick
- Ritchie
- Rivera
- Ryan
- Salazar
- Sanders Jr.
- Savino
- Sepúlveda
- Serino
- Serrano
- Stavisky
- Stec
- Stewart-Cousins
- Tedisco
- Thomas
- Weik
nay (1)
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Mar 1, 2022 - Finance Committee Vote
S639422Aye0Nay1Aye with Reservations0Absent0Excused0AbstainedMay 19, 2021 - Finance Committee Vote
S639422Aye0Nay1Aye with Reservations0Absent0Excused0AbstainedJan 25, 2022 - Corporations, Authorities And Commissions Committee Vote
S63946Aye0Nay1Aye with Reservations0Absent0Excused0Abstained -
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co-Sponsors
Steven Otis
Chantel Jackson
Judy Griffin
2021-A6286 (ACTIVE) - Details
2021-A6286 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6286 2021-2022 Regular Sessions I N A S S E M B L Y March 12, 2021 ___________ Introduced by M. of A. STIRPE, OTIS -- read once and referred to the Committee on Small Business AN ACT to amend the New York state urban development corporation act and the economic development law, in relation to the creation of micro-bu- siness worker cooperatives upon transfer of ownership 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 ELIGIBLE ENTITIES PURSUANT TO ARTICLE FIVE-A OF THE COOPERATIVE CORPORATIONS LAW TO PROVIDE FINANCING IN THE FORM OF LOANS, LOAN GUARANTEES, AND INTEREST SUBSIDY GRANTS TO SUBSIDIZE LOANS FROM FEDERALLY CHARTERED INSTRUMENTALITIES AND STATE AND PRIVATE LENDING INSTITUTIONS TO FACILITATE THE CREATION OF WORKER COOPERATIVES THAT PROMOTE CONTINUATION OF EXISTING MICRO-BUSINESSES EITHER AS A PART OF A PREEXISTING BUSINESS SUCCESSION OF OWNERSHIP PLAN OR AS ALTERNATIVE OPTION IF A BUSINESS IS BEING OFFERED FOR SALE OR TRANSFER BY THE CURRENT OWNER OR THE HEIRS OR ESTATE OF A DECEASED OWNER. FOR THE PURPOSES OF THIS SECTION, A MICRO-BUSINESS SHALL BE DEFINED AS A BUSI- NESS WITH FIVE OR LESS FULL-TIME OR FULL-TIME EQUIVALENT EMPLOYEES. ALL ELIGIBLE ENTITIES SHALL BE REQUIRED TO SUBMIT A BUSINESS PLAN WITH THEIR APPLICATION REQUESTING ASSISTANCE. § 2. The opening paragraph of section 104-a of the economic develop- ment law, as added by chapter 788 of the laws of 1983, is amended to read as follows: With respect to employee ownership assistance loans provided for in subtitle six of title eight of article eight of the public authorities law AND PARAGRAPH (O) OF SUBDIVISION ONE OF SECTION SIXTEEN-M OF SECTION ONE OF CHAPTER ONE HUNDRED SEVENTY-FOUR OF THE LAWS OF NINETEEN HUNDRED EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
LBD06858-01-1 A. 6286 2 SIXTY-EIGHT, CONSTITUTING THE NEW YORK STATE URBAN DEVELOPMENT CORPO- RATION ACT, the department shall have the power and duty and in cooper- ation with the job development authority, THE EMPIRE STATE DEVELOPMENT CORPORATION AND ANY OTHER APPLICABLE STATE AGENCY OR OFFICE to: § 3. This act shall take effect immediately, provided, however, that the amendments to section 16-m of the urban development corporation act made by section one of this act shall not affect the expiration of such section and shall be deemed to expire therewith.
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