NY State Senate Bill S554A

Archive: Last Bill Status - Passed Senate

Introduced
In Committee
On Floor Calendar
- Passed Senate
- Passed Assembly
Delivered to Governor
Signed/Vetoed by Governor

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Actions

view actions (25)

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
May 16, 2022	referred to aging returned to assembly repassed senate
May 05, 2022	amended on third reading 554a
May 05, 2022	vote reconsidered - restored to third reading returned to senate recalled from assembly
Apr 05, 2022	referred to economic development delivered to assembly passed senate
Mar 03, 2022	advanced to third reading
Mar 02, 2022	2nd report cal.
Mar 01, 2022	1st report cal.584
Feb 01, 2022	reported and committed to finance
Jan 05, 2022	referred to aging returned to senate died in assembly
May 26, 2021	referred to economic development delivered to assembly passed senate
May 24, 2021	advanced to third reading
May 20, 2021	2nd report cal.
May 19, 2021	1st report cal.1186
May 11, 2021	reported and committed to finance
Jan 06, 2021	referred to aging

Votes

view votes

May 16, 2022 - floor Vote

S554A

floor

Aye

Nay

Absent

Excused

Abstained

Apr 5, 2022 - floor Vote

S554

floor

Aye

Nay

Absent

Excused

Abstained

Mar 1, 2022 - Finance committee Vote

S554

committee

Aye

Nay

Aye with Reservations

Absent

Excused

Abstained

Feb 1, 2022 - Aging committee Vote

S554

committee

Aye

Nay

Aye with Reservations

Absent

Excused

Abstained

May 26, 2021 - floor Vote

S554

floor

Aye

Nay

Absent

Excused

Abstained

May 19, 2021 - Finance committee Vote

S554

committee

Aye

Nay

Aye with Reservations

Absent

Excused

Abstained

May 11, 2021 - Aging committee Vote

S554

committee

Aye

Nay

Aye with Reservations

Absent

Excused

Abstained

Bill Amendments

Original

A (Active)

Original

A (Active)

Co-Sponsors

S554 - Details

See Assembly Version of this Bill:: A9530
Current Committee:: Assembly Aging
Law Section:: Elder Law
Laws Affected:: Amd §202, Eld L; amd §134, Ec Dev L
Versions Introduced in 2023-2024 Legislative Session:: S884, A6331

S554 - Summary

Directs the office for the aging and the department of economic development to expand encore entrepreneurship in the state, to empower individuals fifty years of age or older to establish small businesses.

S554 - Sponsor Memo

 
BILL NUMBER: S554

SPONSOR: MAY
 
TITLE OF BILL:

An act to amend the elder law and the economic development law, in
relation to encore entrepreneurship

 
PURPOSE:

This bill directs the Office for the Aging and the Department of Econom-
ic Development to expand encore entrepreneurship in the state, to
empower individuals fifty years of age or older to establish first time
small businesses.

 
SUMMARY OF PROVISIONS:

Section 1 adds a new subdivision 17 to section 202 of the elder law to
ask the Office for the Aging, in coordination with the Department of
Economic Development, to establish a task force to make recommendations
to the governor and the legislature to empower individuals fifty years

of age and older in establishing small businesses. Establishes a defi-
nition of encore entrepreneur as a person fifty years of age or older
who is starting a small business for the first time.

Section 2 adds a new subdivision 13 to section 134 of the economic
development law to require that the Division of Small Business establish
a program to provide education and training specific to the unique needs
of encore entrepreneurs as defined in section 1 and that addresses their
unique issues. Establishes a definition of encore entrepreneur as a
person fifty years of age or older who is starting a small business for
the first time.

Section 3 establishes the effective date.

 
JUSTIFICATION:

While entrepreneurship commonly is viewed as young people's pursuit,
survey data in recent years shows a growing trend among those aged 50
and older of starting their own business or entrepreneurial venture.  In
fact, the Ewing Marion Kauffman Foundation in 2014 found the same
percentage of new businesses were started by older entrepreneurs-those
age 60 and up-as by those between 18 and 29. The Kauffman Foundation
also reports that over the last two decades, the share of new entrepre-
neurs between 55 and 64 nationwide increased more than for any other age
range; this share of new entrepreneurs in this age group grew from less
than 15 percent in 1996 to more than 25 percent in 2016. In New York
City alone, chambers of commerce and other groups that work with aspir-
ing business owners report that city residents over age 50 have grown
from a very small slice of their clientele to one-quarter or more.

Seniors who start their own businesses often have several advantages
over their younger counterparts, including significant years of work
experience and deep networks. Their start-ups create new jobs, open up
previously held jobs to younger applicants, boost the economy and gener-
ate new tax revenue. Studies show "encore entrepreneurship" also can
promote good health and delay the need for seniors to tap into tax-fund-
ed social support systems. As our population statewide continues to age,
the trend toward encore entrepreneurship will likely become even more
pronounced. Yet no formal programs or services are in place to support
aspiring senior entrepreneurs' unique needs, which can range from the
most basic "how-tos" to expanded technology skill sets.

This bill will make New York a leader in supporting encore entrepre-
neurs. It would bring together the NYS Office for the Aging and Empire
State Development to implement innovative programming and information to
support this growing population of small business owners. First, it asks
SOFA and ESD to create a task force made up of economic development
professionals, small business support specialists, senior citizens
organizations, and successful entrepreneurs to develop recommendations
for the governor and legislature. Second, it requires ESD's Division of
Small Business to initiate and implement a program to provide education
and training specific to the unique needs of encore entrepreneurs to
help their successful transition into their new enterprise.

 
LEGISLATIVE HISTORY:

2019-2020 - S.7939 (May) Referred to Aging

 
FISCAL IMPLICATIONS:

To be determined.

 
EFFECTIVE DATE:
90 days after becoming law.

S554 - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    554
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 6, 2021
                                ___________
 
 Introduced  by  Sen.  MAY  --  read  twice and ordered printed, and when
   printed to be committed to the Committee on Aging
 
 AN ACT to amend the elder law  and  the  economic  development  law,  in
   relation to encore entrepreneurship

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivisions 16 and 17 of section 202  of  the  elder  law,
 subdivision  16  as  amended and subdivision 17 as added by section 1 of
 subpart J of part XX of chapter 55 of the laws of 2020, are amended  and
 a new subdivision 18 is added to read as follows:
   16.  to  the  extent appropriations are available, and in consultation
 with the office of children and family services, conduct a public educa-
 tion campaign that  emphasizes  zero-tolerance  for  elder  abuse.  Such
 campaign shall include information about the signs and symptoms of elder
 abuse,  identification  of  potential  causes  of elder abuse, resources
 available to assist in the prevention of elder  abuse,  where  suspected
 elder  abuse  can be reported, contact information for programs offering
 services to victims of elder abuse such as  counseling,  and  assistance
 with arranging personal care and shelter. Such campaign may include, but
 not  be  limited  to:  printed  educational and informational materials;
 audio, video, electronic, other media; and public service  announcements
 or advertisements; [and]
   17. subject to an appropriation, make available to designated agencies
 as  defined  in  paragraph (a) of subdivision one of section two hundred
 fourteen of this title, a training program for the  purpose  of  raising
 awareness,  removing  barriers  and  improving services for older adults
 based on their sexual orientation and gender identity or  expression  as
 defined  in  section  two  hundred ninety-two of the executive law. Such
 training program may include:

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

                                                            LBD04767-01-1

 S. 554                              2
 
   (i) an overview of the history, unique needs, and concerns of lesbian,
 gay, bisexual, transgender, asexual, gender  non-conforming  and  gender
 non-binary older adults;
   (ii)  reasons why lesbian, gay, bisexual, transgender, asexual, gender
 non-conforming and gender non-binary older  adults  may  choose  not  to
 self-identify; and
   (iii)  tools  that  may be used to incorporate lesbian, gay, bisexual,
 transgender, asexual, gender non-conforming and gender non-binary  older
 adult  concerns  into direct care and steps that may be taken to improve
 the quality of services and support provided[.]; AND
   18. TO, IN COOPERATION WITH THE DEPARTMENT  OF  ECONOMIC  DEVELOPMENT,
 MAKE RECOMMENDATIONS TO THE GOVERNOR AND LEGISLATURE ON EXPANDING ENCORE
 ENTREPRENEURSHIP IN THE STATE, TO EMPOWER INDIVIDUALS FIFTY YEARS OF AGE
 OR  OLDER  TO ESTABLISH SMALL BUSINESSES. THE DIRECTOR AND THE PRESIDENT
 OF EMPIRE STATE DEVELOPMENT SHALL ESTABLISH  AN  ADVISORY  COMMITTEE  TO
 CARRY  OUT  THE  PROVISIONS  OF  THIS  SUBDIVISION. SUCH COMMITTEE SHALL
 INCLUDE, BUT NOT BE  LIMITED  TO,  ECONOMIC  DEVELOPMENT  PROFESSIONALS,
 SMALL  BUSINESS  SUPPORT SPECIALISTS, SENIOR CITIZENS ORGANIZATIONS, AND
 SUCCESSFUL ENCORE ENTREPRENEURS. FOR PURPOSES OF  THIS  SUBDIVISION  THE
 TERM  "ENCORE  ENTREPRENEUR"  SHALL  MEAN A PERSON FIFTY YEARS OF AGE OR
 OLDER WHO IS STARTING A SMALL BUSINESS FOR THE FIRST TIME, AND THE  TERM
 "SMALL BUSINESS" SHALL MEAN A BUSINESS THAT IS LOCATED WITHIN THE STATE,
 INDEPENDENTLY  OWNED  AND  OPERATED  AND  EMPLOYS  NOT  MORE  THAN FIFTY
 PERSONS.
   § 2. Section 134 of the economic development law is amended by  adding
 a new subdivision 13 to read as follows:
   13. INITIATE AND IMPLEMENT A PROGRAM TO PROVIDE EDUCATION AND TRAINING
 SPECIFIC TO THE NEEDS OF INDIVIDUALS FIFTY YEARS OF AGE OR OLDER REGARD-
 ING  THE  TRANSITION FROM A CURRENT JOB, RETIREMENT OR OTHER LIFE STATUS
 TO AN ENCORE ENTREPRENEUR AND SMALL  BUSINESS  DEVELOPER.  SUCH  PROGRAM
 SHALL ADDRESS THE UNIQUE ISSUES FACED BY SUCH ENTREPRENEURS AND IDENTIFY
 AND DISSEMINATE HELPFUL AND RELEVANT INFORMATION AND RESOURCES TO ASSIST
 SUCH  INDIVIDUALS WITH SUCH TRANSITION. FOR PURPOSES OF THIS SUBDIVISION
 THE TERM "ENCORE ENTREPRENEUR" SHALL MEAN A PERSON FIFTY YEARS OF AGE OR
 OLDER WHO IS STARTING A SMALL BUSINESS FOR THE FIRST TIME, AND THE  TERM
 "SMALL BUSINESS" SHALL MEAN A BUSINESS THAT IS LOCATED WITHIN THE STATE,
 INDEPENDENTLY  OWNED  AND  OPERATED  AND  EMPLOYS  NOT  MORE  THAN FIFTY
 PERSONS.
   § 3. This act shall take effect on the ninetieth day  after  it  shall
 have become a law. Effective immediately, the addition, amendment and/or
 repeal  of  any  rule  or regulation necessary for the implementation of
 this act on its effective date are authorized to be made  and  completed
 on or before such date.

Co-Sponsors

S554A (ACTIVE) - Details

See Assembly Version of this Bill:: A9530
Current Committee:: Assembly Aging
Law Section:: Elder Law
Laws Affected:: Amd §202, Eld L; amd §134, Ec Dev L
Versions Introduced in 2023-2024 Legislative Session:: S884, A6331

S554A (ACTIVE) - Summary

S554A (ACTIVE) - Sponsor Memo

 
BILL NUMBER: S554A

SPONSOR: MAY
 
TITLE OF BILL:

An act to amend the elder law and the economic development law, in
relation to encore entrepreneurship

 
PURPOSE:

This bill directs the Office for the Aging and the Department of Econom-
ic Development to expand encore entrepreneurship in the State to empower
individuals 50 years of age or older to establish first-time small busi-
nesses.

 
SUMMARY OF SPECIFIC PROVISIONS:

Section 1 adds a new subdivision 18 to section 202 of the elder law to
ask the Office for the Aging, in coordination with the Department of
Economic Development, to establish a task force to make recommendations
to the Governor and the legislature to empower individuals 50 years of
age and older in establishing small businesses. Establishes a definition

of encore entrepreneur as a person 50 years of age or older who is
starting a small business for the first time.

Section 2 adds a new subdivision 13 to section 134 of the economic
development law to require that the Division of Small Business establish
a program to provide education and training specific to the unique needs
of encore entrepreneurs as defined in section 1 and that addresses their
unique issues. Establishes a definition of encore entrepreneur as a
person 50 years of age or older who is starting a small business for the
first time.

Section 3 establishes the effective date.

*The A-print of this bill makes technical changes.*

 
JUSTIFICATION:

While entrepreneurship commonly is viewed as a young people's pursuit,
survey data in recent years shows a growing trend among those aged 50
and older of starting their own business or entrepreneurial venture.  In
fact, the Ewing Marion Kauffman Foundation in 2014 found the same
percentage of new businesses were started by older entrepreneurs-those
age 60 and up-as by those between 18 and 29. The Kauffman Foundation
also reports that over the last two decades, the share of new entrepre-
neurs between 55 and 64 nationwide increased more than for any other age
range; this share of new entrepreneurs in this age group grew from less
than 15 gust percent in 1996 to more than 25 percent in 2016. In New
York City alone, chambers of commerce and other groups that work with
aspiring business owners report that city residents over age 50 have
grown from a very small slice of their clientele to one-quarter or more.

Seniors who start their own businesses often have several advantages
over their younger counterparts, including significant years of work
experience and deep networks. Their start-ups create new jobs, open-up
previously held jobs to younger applicants, boost the economy and gener-
ate new tax revenue. Studies show "encore entrepreneurship" also can
promote good health and delay the need for seniors to tap into tax-fund-
ed social support systems. As our population statewide continues to age,
the trend toward encore entrepreneurship will likely become even more
pronounced. Yet no formal programs or services are in place to support
aspiring senior entrepreneurs' unique needs, which can range from the
most basic "how-tos" to expanded technology skill sets.

This bill will make New York a leader in supporting encore entrepre-
neurs. It would bring together the NYS Office for the Aging and Empire
State Development to implement innovative programming and information to
support this growing population of small business owners. First, it asks
SOFA and ESD to create a taskforce made up of economic development
professionals, small business support specialists, senior citizens
organizations, and successful entrepreneurs to develop recommendations
for the Governor and Legislature. Second, it requires ESD's Division of
Small Business to initiate and implement a program to provide education
and training specific to the unique needs of encore entrepreneurs to
help their successful transition into their new enterprise.

 
LEGISLATIVE HISTORY:

2019-2020 - S.7939 (May) Referred to Aging

2021: S. 554 (May) Passed Senate

 
FISCAL IMPLICATIONS:

To be determined.

 
EFFECTIVE DATE:
90 days after enactment.

S554A (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  554--A
     Cal. No. 584
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 6, 2021
                                ___________
 
 Introduced  by  Sens.  MAY, COONEY, GOUNARDES, HOYLMAN -- read twice and
   ordered printed, and when printed to be committed to the Committee  on
   Aging  --  recommitted  to  the  Committee on Aging in accordance with
   Senate Rule 6, sec. 8 -- reported favorably from  said  committee  and
   committed  to the Committee on Finance -- reported favorably from said
   committee, ordered to first and second  report,  ordered  to  a  third
   reading,  passed  by  Senate  and delivered to the Assembly, recalled,
   vote reconsidered, restored to  third  reading,  amended  and  ordered
   reprinted, retaining its place in the order of third reading
 
 AN  ACT  to  amend  the  elder  law and the economic development law, in
   relation to encore entrepreneurship
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivisions  16  and 17 of section 202 of the elder law,
 subdivision 16 as amended by chapter 63 of the laws of 2022 and subdivi-
 sion 17 as added by section 1 of subpart J of part XX of chapter  55  of
 the  laws of 2020, are amended and a new subdivision 18 is added to read
 as follows:
   16. to the extent appropriations are available,  and  in  consultation
 with the office of children and family services, conduct a public educa-
 tion  campaign  that  emphasizes  zero-tolerance  for  elder abuse. Such
 campaign shall include information about the signs and symptoms of elder
 abuse, identification of potential causes of elder abuse, which includes
 identity theft, resources available to assist in the prevention of elder
 abuse, where suspected elder abuse can be reported, contact  information
 for  programs  offering services to victims of elder abuse such as coun-
 seling, and assistance with arranging personal care and shelter.    Such
 campaign  may  include,  but  not be limited to: printed educational and
 informational materials; audio,  video,  electronic,  other  media;  and
 public service announcements or advertisements; [and]
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

                       [ ] is old law to be omitted.
                                                            LBD04767-03-2
 S. 554--A                           2
 
   17. subject to an appropriation, make available to designated agencies
 as  defined  in  paragraph (a) of subdivision one of section two hundred
 fourteen of this title, a training program for the  purpose  of  raising
 awareness,  removing  barriers  and  improving services for older adults
 based  on  their sexual orientation and gender identity or expression as
 defined in section two hundred ninety-two of  the  executive  law.  Such
 training program may include:
   (i) an overview of the history, unique needs, and concerns of lesbian,
 gay,  bisexual,  transgender,  asexual, gender non-conforming and gender
 non-binary older adults;
   (ii) reasons why lesbian, gay, bisexual, transgender, asexual,  gender
 non-conforming  and  gender  non-binary  older  adults may choose not to
 self-identify; and
   (iii) tools that may be used to incorporate  lesbian,  gay,  bisexual,
 transgender,  asexual, gender non-conforming and gender non-binary older
 adult concerns into direct care and steps that may be taken  to  improve
 the quality of services and support provided[.]; AND
   18.  TO,  IN  COOPERATION WITH THE DEPARTMENT OF ECONOMIC DEVELOPMENT,
 MAKE RECOMMENDATIONS TO THE GOVERNOR AND LEGISLATURE ON EXPANDING ENCORE
 ENTREPRENEURSHIP IN THE STATE, TO EMPOWER INDIVIDUALS FIFTY YEARS OF AGE
 OR OLDER TO ESTABLISH SMALL BUSINESSES. THE DIRECTOR AND  THE  PRESIDENT
 OF  EMPIRE  STATE  DEVELOPMENT  SHALL ESTABLISH AN ADVISORY COMMITTEE TO
 CARRY OUT THE PROVISIONS  OF  THIS  SUBDIVISION.  SUCH  COMMITTEE  SHALL
 INCLUDE,  BUT  NOT  BE  LIMITED  TO, ECONOMIC DEVELOPMENT PROFESSIONALS,
 SMALL BUSINESS SUPPORT SPECIALISTS, SENIOR CITIZENS  ORGANIZATIONS,  AND
 SUCCESSFUL  ENCORE  ENTREPRENEURS.  FOR PURPOSES OF THIS SUBDIVISION THE
 TERM "ENCORE ENTREPRENEUR" SHALL MEAN A PERSON FIFTY  YEARS  OF  AGE  OR
 OLDER  WHO IS STARTING A SMALL BUSINESS FOR THE FIRST TIME, AND THE TERM
 "SMALL BUSINESS" SHALL MEAN A BUSINESS THAT IS LOCATED WITHIN THE STATE,
 INDEPENDENTLY OWNED  AND  OPERATED  AND  EMPLOYS  NOT  MORE  THAN  FIFTY
 PERSONS.
   §  2. Section 134 of the economic development law is amended by adding
 a new subdivision 13 to read as follows:
   13. INITIATE AND IMPLEMENT A PROGRAM TO PROVIDE EDUCATION AND TRAINING
 SPECIFIC TO THE NEEDS OF INDIVIDUALS FIFTY YEARS OF AGE OR OLDER REGARD-
 ING THE TRANSITION FROM A CURRENT JOB, RETIREMENT OR OTHER  LIFE  STATUS
 TO  AN  ENCORE  ENTREPRENEUR  AND SMALL BUSINESS DEVELOPER. SUCH PROGRAM
 SHALL ADDRESS THE UNIQUE ISSUES FACED BY SUCH ENTREPRENEURS AND IDENTIFY
 AND DISSEMINATE HELPFUL AND RELEVANT INFORMATION AND RESOURCES TO ASSIST
 SUCH INDIVIDUALS WITH SUCH TRANSITION. FOR PURPOSES OF THIS  SUBDIVISION
 THE TERM "ENCORE ENTREPRENEUR" SHALL MEAN A PERSON FIFTY YEARS OF AGE OR
 OLDER  WHO IS STARTING A SMALL BUSINESS FOR THE FIRST TIME, AND THE TERM
 "SMALL BUSINESS" SHALL MEAN A BUSINESS THAT IS LOCATED WITHIN THE STATE,
 INDEPENDENTLY OWNED  AND  OPERATED  AND  EMPLOYS  NOT  MORE  THAN  FIFTY
 PERSONS.
   §  3.  This  act shall take effect on the ninetieth day after it shall
 have become a law. Effective immediately, the addition, amendment and/or
 repeal of any rule or regulation necessary  for  the  implementation  of
 this  act  on its effective date are authorized to be made and completed
 on or before such date.

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The New York State Senate

senate Bill S554A

Sponsored By

Archive: Last Bill Status - Passed Senate

Your Voice

Actions

Votes

May 16, 2022 - floor Vote

Floor Vote: May 16, 2022

Apr 5, 2022 - floor Vote

Floor Vote: Apr 5, 2022

Mar 1, 2022 - Finance committee Vote

Committee Vote: Mar 1, 2022

Feb 1, 2022 - Aging committee Vote

Committee Vote: Feb 1, 2022

May 26, 2021 - floor Vote

Floor Vote: May 26, 2021

May 19, 2021 - Finance committee Vote

Committee Vote: May 19, 2021

May 11, 2021 - Aging committee Vote

Committee Vote: May 11, 2021

Bill Amendments

Co-Sponsors

S554 - Details

S554 - Summary

S554 - Sponsor Memo

S554 - Bill Text download pdf

Co-Sponsors

S554A (ACTIVE) - Details

S554A (ACTIVE) - Summary

S554A (ACTIVE) - Sponsor Memo

S554A (ACTIVE) - Bill Text download pdf

Comments

senate Bill S554A

Share this bill

Sponsored By

Archive: Last Bill Status - Passed Senate

Your Voice

Actions

Votes

May 16, 2022 - floor Vote

Floor Vote: May 16, 2022

Apr 5, 2022 - floor Vote

Floor Vote: Apr 5, 2022

Mar 1, 2022 - Finance committee Vote

Committee Vote: Mar 1, 2022

Feb 1, 2022 - Aging committee Vote

Committee Vote: Feb 1, 2022

May 26, 2021 - floor Vote

Floor Vote: May 26, 2021

May 19, 2021 - Finance committee Vote

Committee Vote: May 19, 2021

May 11, 2021 - Aging committee Vote

Committee Vote: May 11, 2021

Bill Amendments

Co-Sponsors

S554 - Details

S554 - Summary

S554 - Sponsor Memo

S554 - Bill Text download pdf

Co-Sponsors

S554A (ACTIVE) - Details

S554A (ACTIVE) - Summary

S554A (ACTIVE) - Sponsor Memo

S554A (ACTIVE) - Bill Text download pdf

Comments