|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|May 18, 2021||reported and committed to finance|
|Feb 26, 2021||referred to corporations, authorities and commissions|
senate Bill S5238
Current Bill Status - In Senate Committee Finance Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S5238 (ACTIVE) - Details
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.
S5238 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5238 SPONSOR: KAPLAN TITLE OF BILL: An act to amend the New York state urban development corporation act, in relation to marketing and expanding export trade PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to authorize Empire State Development 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. SUMMARY OF PROVISIONS: Section 1 sets forth the short title. Section 2 of the bill establishes the legislative intent.
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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