Assembly Bill A2261

2009-2010 Legislative Session

Provides small businesses with grants to commercialize energy and environmental technology innovations in-state

download bill text pdf

Sponsored By

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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2009-A2261 (ACTIVE) - Details

See Senate Version of this Bill:
S1636
Current Committee:
Assembly Small Business
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add ยง16-t, UDC Act
Versions Introduced in Other Legislative Sessions:
2011-2012: A5149, S5550
2013-2014: A5536, S1120
2015-2016: S3032
2017-2018: S1120, S7527
2019-2020: S1909
2021-2022: S4096
2023-2024: S4942

2009-A2261 (ACTIVE) - Summary

Provides small businesses with grants of up to $100,000 to commercialize energy and environmental technology innovations and ideas in-state to stimulate economic development.

2009-A2261 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2261

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            January 15, 2009
                               ___________

Introduced  by M. of A. STIRPE, FINCH, MILLMAN, KOON, GORDON, SCHIMMING-
  ER, GABRYSZAK, KOLB, SCOZZAFAVA, ALFANO, SCHROEDER, BENEDETTO,  TITUS,
  CAHILL,  JAFFEE,  COLTON,  DelMONTE,  PHEFFER, CHRISTENSEN, LUPARDO --
  Multi-Sponsored by --  M.  of  A.  ABBATE,  BARCLAY,  BARRA,  BOYLAND,
  BROOK-KRASNY,   BURLING,   CROUCH,   DESTITO,  GUNTHER,  HYER-SPENCER,
  P. LOPEZ, MAGEE, MAISEL, MARKEY, McDONOUGH, McENENY, McKEVITT, MOLINA-
  RO, PEOPLES-STOKES, RAMOS, REILLY, SPANO, SWEENEY,  TITONE,  TOWNS  --
  read once and referred to the Committee on Small Business

AN ACT to amend the New York state urban development corporation act, in
  relation to creating the New York state innovative energy and environ-
  mental technology program

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1.  Legislative  intent.  The  legislature  hereby  finds  and
declares  that  the success of innovative energy and environmental tech-
nology-oriented businesses with growth potential  is  essential  to  the
continued  economic health and security of New York state. It is further
found that the development of new products to assist  mature  industries
undergoing  dramatic changes or facing increasing international competi-
tion with reducing energy costs and complying with  environmental  regu-
lations,  can  serve to retain, and even increase, employment.  However,
commercialization of these products  is  restrained  as  numerous  small
businesses are limited by lack of early stage financing.
  Therefore,  the  legislature seeks to provide early stage funds, via a
grants program, to stimulate the creation of a substantial number of new
businesses and jobs in the energy and environmental sector.
  S 2. 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-t to read as follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
A                                                          LBD05043-01-9

A. 2261                             2
              

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