|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|May 20, 2021||reported and committed to finance|
|Jan 29, 2021||referred to commerce, economic development and small business|
senate Bill S3471
Current Bill Status - In Senate Committee Finance Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S3471 (ACTIVE) - Details
S3471 (ACTIVE) - Sponsor Memo
BILL NUMBER: S3471 SPONSOR: KENNEDY TITLE OF BILL: An act to amend the economic development law, in relation to the excels- ior jobs program and certain incentives for medical equipment projects within such program PURPOSE: This bill provides additional incentives through the Excelsior Jobs Program if the project prioritizes medical equipment production or development. SUMMARY OF SPECIFIC PROVISIONS: Section one adds a new subdivision 8b to section 352 of the economic development law, to define what a "medical equipment project" is, in the context of the Excelsior Jobs Program.
S3471 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3471 2021-2022 Regular Sessions I N S E N A T E January 29, 2021 ___________ Introduced by Sen. KENNEDY -- read twice and ordered printed, and when printed to be committed to the Committee on Commerce, Economic Devel- opment and Small Business AN ACT to amend the economic development law, in relation to the excels- ior jobs program and certain incentives for medical equipment projects within such program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 352 of the economic development law is amended by adding a new subdivision 8-b to read as follows: 8-B. "MEDICAL EQUIPMENT PROJECT" MEANS A PROJECT DEEMED BY THE COMMIS- SIONER TO MAKE PRODUCTS OR DEVELOP TECHNOLOGIES THAT ARE PRIMARILY USED BY MEDICAL PROFESSIONALS IN A PROFESSIONAL OR HOME CARE SETTING. PROJECTS SHALL INCLUDE, BUT NOT BE LIMITED TO, THE MANUFACTURE OF DEVEL- OPMENT OF PRODUCTS OR TECHNOLOGIES SUCH AS: PERSONAL PROTECTIVE EQUIP- MENT, OXYGEN AND OXYGEN DELIVERY SYSTEMS, VENTILATION AND ASPIRATION DEVICES, RESPIRATORY DISEASE MANAGEMENT SERVICES, MONITORING DEVICES, FEEDING PUMPS, MEDICAL TESTING DEVICES, AND EQUIPMENT NECESSARY TO CONDUCT MEDICAL TESTS. § 2. Subdivision 1 of section 353 of the economic development law, as amended by section 2 of part L of chapter 59 of the laws of 2020, is amended to read as follows: 1. To be a participant in the excelsior jobs program, a business enti- ty shall operate in New York state predominantly: (a) as a financial services data center or a financial services back office operation; (b) in manufacturing; (c) in software development and new media; (d) in scientific research and development; (e) in agriculture; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08063-01-1
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