Senate Bill S3471

2021-2022 Legislative Session

Relates to the excelsior jobs program and certain incentives for medical equipment projects within such program

download bill text pdf

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Archive: Last Bill Status - In Assembly Committee


  • 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-S3471 (ACTIVE) - Details

Current Committee:
Assembly Economic Development
Law Section:
Economic Development Law
Laws Affected:
Amd §§352, 353 & 355, Ec Dev L
Versions Introduced in Other Legislative Sessions:
2019-2020: S8320
2023-2024: S2026

2021-S3471 (ACTIVE) - Summary

Extends the excelsior jobs program and certain incentives for medical equipment projects within such program.

2021-S3471 (ACTIVE) - Sponsor Memo

2021-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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