Senate Bill S5238

2021-2022 Legislative Session

Relates to marketing and expanding export trade

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A1177 - Passed Senate


  • 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-S5238 (ACTIVE) - Details

See Assembly Version of this Bill:
A1177
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-S5238 (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-S5238 (ACTIVE) - Sponsor Memo

2021-S5238 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5238
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             February 26, 2021
                                ___________
 
 Introduced  by  Sen.  KAPLAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and Commissions
 
 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.
              

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