senate Bill S7488

2021-2022 Legislative Session

Relates to financial assistance to small businesses for the purpose of pollution prevention, control and compliance

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Commerce, Economic Development And Small Business Committee


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

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 05, 2022 referred to commerce, economic development and small business
Oct 29, 2021 referred to rules

S7488 (ACTIVE) - Details

See Assembly Version of this Bill:
A6483
Current Committee:
Senate Commerce, Economic Development And Small Business
Law Section:
Economic Development Law
Laws Affected:
Amd §137, Ec Dev L; add §1285-v, Pub Auth L; amd §16-m, UDC Act
Versions Introduced in Other Legislative Sessions:
2015-2016: S5495, A7518
2017-2018: S2999, A2348
2019-2020: S3489, A5049

S7488 (ACTIVE) - Summary

Relates to financial assistance to small businesses for the purpose of pollution prevention, control and compliance.

S7488 (ACTIVE) - Sponsor Memo

S7488 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7488
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             October 29, 2021
                                ___________
 
 Introduced  by  Sen.  KAPLAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the economic development law, the public authorities law
   and the New York state urban development corporation act, in  relation
   to  financial  assistance  to  small  businesses  for  the  purpose of
   pollution prevention, control and compliance
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Paragraphs l and m of subdivision 2 of section 137 of the
 economic development law, paragraph l as  amended  and  paragraph  m  as
 added  by  chapter  594 of the laws of 1994, are amended and a new para-
 graph n is added to read as follows:
   l. providing information  to  small  business  stationary  sources  on
 state-sponsored  programs  offering  financial and technical assistance,
 and in locating sources of funding for compliance with the  requirements
 of  article  nineteen of the environmental conservation law and the Act;
 [and]
   m. establishing procedures for assuring the confidentiality of  infor-
 mation received from small business stationary sources[.]; AND
   N.  MARKETING THE SMALL BUSINESS ENVIRONMENTAL FUND ESTABLISHED PURSU-
 ANT TO SECTION TWELVE HUNDRED EIGHTY-FIVE-V OF  THE  PUBLIC  AUTHORITIES
 LAW  TO  SMALL BUSINESS STATIONARY SOURCES, ASSISTING THE NEW YORK STATE
 URBAN DEVELOPMENT CORPORATION IN THE PROJECTION OF DEMAND FOR  FINANCIAL
 ASSISTANCE  PURSUANT  TO  SECTION  SIXTEEN-M OF THE NEW YORK STATE URBAN
 DEVELOPMENT CORPORATION ACT.
   § 2. The public authorities law is amended by  adding  a  new  section
 1285-v to read as follows:
   §  1285-V. SMALL BUSINESS ENVIRONMENTAL FUND. 1. THE CORPORATION SHALL
 UNDERTAKE AND PROVIDE ASSISTANCE IN SUPPORT OF A PROGRAM TO ASSIST SMALL
 BUSINESSES IN LEVERAGING CAPITAL FROM FINANCIAL INSTITUTIONS TO  ACHIEVE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05839-01-1
 S. 7488                             2

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