Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 09, 2014 |
print number 5997b |
May 09, 2014 |
amend (t) and recommit to finance |
Mar 10, 2014 |
notice of committee consideration - requested |
Jan 23, 2014 |
print number 5997a |
Jan 23, 2014 |
amend and recommit to finance |
Jan 08, 2014 |
referred to finance |
Nov 27, 2013 |
referred to finance |
Senate Bill S5997B
2013-2014 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Finance 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
Actions
Bill Amendments
co-Sponsors
(D) Senate District
(D) Senate District
(D, WF) 21st Senate District
(D) Senate District
2013-S5997 - Details
2013-S5997 - Sponsor Memo
BILL NUMBER:S5997 TITLE OF BILL: An act to amend the New York state urban development corporation act, in relation to enacting the HIRE NY act; and making an appropriation therefor PURPOSE: To provide zero interest loans to businesses with less than 5 employees to hire New York residents. To grow small businesses and get New Yorkers hired. SUMMARY OF PROVISIONS: economy New York Act." Or the "HIRE NY Act" Section 2 of this bill amends section 1 of chapter 174 of the laws of 1968, constituting the New York State urban development corporation act by adding a new section 16-w. Subpart 1 sets out the legislative intent. Subpart 2 set out definitions. Subpart 3 establishes the hire New York fund and outlines its purposes. Subpart 4 sets for the loan application process. Subpart 5 establishes an application fee. Subpart 6 sets forth the loan terms. Subpart 9 sets forth that a micro-business may utilize funds only for salary of micro-business qualifying new hire. Subpart 10 gives the corporation authorization to establish an advisory committee. Subpart 11 outlines the corporation's
2013-S5997 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5997 2013-2014 Regular Sessions I N S E N A T E November 27, 2013 ___________ Introduced by Sen. GIPSON -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT to amend the New York state urban development corporation act, in relation to enacting the HIRE NY act; and making an appropriation therefor THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. This act shall be known and may be cited as the "hire indi- viduals in the real economy New York (HIRE NY) act". 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-w to read as follows: S 16-W. THE HIRE NEW YORK PROGRAM. 1. LEGISLATIVE INTENT. THE LEGISLA- TURE HEREBY FINDS THAT MICRO-BUSINESSES ARE THE ENGINES OF OUR ECONOMY AND ARE VITAL TO THE REVITALIZATION OF COMMUNITIES AND NEIGHBORHOODS THROUGHOUT THE STATE. THE LEGISLATURE FURTHER FINDS THAT CURRENT LAW FAILS TO MOTIVATE PEOPLE TO START OR EXPAND BUSINESSES. THE LEGISLATURE FINDS THAT IT IS IMPORTANT TO SPUR START-UP MICRO-BUSINESSES THAT HAVE THE POTENTIAL TO BECOME THE JOB ENGINES FOR TOMORROW'S ECONOMY. THE LEGISLATURE FURTHER FINDS INVESTMENTS IN ECONOMIC DEVELOPMENT FAIL TO PROVIDE ANY FUNDING TO MICRO-BUSINESSES. THE LEGISLATURE FURTHER FINDS THAT SMALL MICRO-BUSINESSES WITH THE PROPER INCENTIVES ARE POISED TO PROVIDE SIGNIFICANT LOCAL JOB CREATION ACROSS THE STATE. THE LEGISLATURE FURTHER FINDS THAT TAX CREDITS ARE NOT AN EFFECTIVE JOB CREATION INCEN- TIVE FOR MICRO-BUSINESSES BECAUSE MANY OF THESE BUSINESSES LACK THE INCOME THAT MAKES A TAX CREDIT MEANINGFUL. THE LEGISLATURE FURTHER FINDS THAT CREATION OF A STATEWIDE HIRE NEW YORK FUND WILL PROVIDE THE NEEDED CAPITAL FOR THE BUSINESSES OF TOMORROW TO GROW AND EMPLOY MORE NEW YORK- ERS. 2. DEFINITIONS. AS USED IN THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE MEANINGS INDICATED: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13164-01-3
co-Sponsors
(D) Senate District
(D, WF) 28th Senate District
(D) Senate District
(D) Senate District
2013-S5997A - Details
2013-S5997A - Sponsor Memo
BILL NUMBER:S5997A TITLE OF BILL: An act to amend the New York state urban development corporation act, in relation to enacting the HIRE NY act; and making an appropriation therefor PURPOSE: To provide zero interest loans to businesses with less than 5 employees to hire New York residents. To grow small businesses and get New Yorkers hired. SUMMARY OF PROVISIONS: Section 1 titles this act as the "the hire individuals in the real economy New York Act." Or the "HIRE NY Act." Section 2 of this bill amends section 1 of chapter 174 of the laws of 1968, constituting the New York State urban development corporation act by adding a new section 16-w. Subpart 1 sets out the legislative intent. Subpart 2 set out definitions. Subpart 3 establishes the hire New York fund and outlines its purposes. Subpart 4 sets for the loan application process. Subpart 5 establishes an application fee. Subpart 6 sets forth the loan terms. Subpart 9 sets forth that a micro-business may utilize funds only for salary of micro-business qualifying new hire. Subpart 10 gives the corporation authorization to
2013-S5997A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5997--A 2013-2014 Regular Sessions I N S E N A T E November 27, 2013 ___________ Introduced by Sens. GIPSON, DILAN, MONTGOMERY, PARKER, TKACZYK -- read twice and ordered printed, and when printed to be committed to the Committee on Finance -- recommitted to the Committee on Finance in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee AN ACT to amend the New York state urban development corporation act, in relation to enacting the HIRE NY act; and making an appropriation therefor THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. This act shall be known and may be cited as the "hire indi- viduals in the real economy New York (HIRE NY) act". 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-w to read as follows: S 16-W. THE HIRE NEW YORK PROGRAM. 1. LEGISLATIVE INTENT. THE LEGISLA- TURE HEREBY FINDS THAT MICRO-BUSINESSES ARE THE ENGINES OF OUR ECONOMY AND ARE VITAL TO THE REVITALIZATION OF COMMUNITIES AND NEIGHBORHOODS THROUGHOUT THE STATE. THE LEGISLATURE FURTHER FINDS THAT CURRENT LAW FAILS TO MOTIVATE PEOPLE TO START OR EXPAND BUSINESSES. THE LEGISLATURE FINDS THAT IT IS IMPORTANT TO SPUR START-UP MICRO-BUSINESSES THAT HAVE THE POTENTIAL TO BECOME THE JOB ENGINES FOR TOMORROW'S ECONOMY. THE LEGISLATURE FURTHER FINDS INVESTMENTS IN ECONOMIC DEVELOPMENT FAIL TO PROVIDE ANY FUNDING TO MICRO-BUSINESSES. THE LEGISLATURE FURTHER FINDS THAT SMALL MICRO-BUSINESSES WITH THE PROPER INCENTIVES ARE POISED TO PROVIDE SIGNIFICANT LOCAL JOB CREATION ACROSS THE STATE. THE LEGISLATURE FURTHER FINDS THAT TAX CREDITS ARE NOT AN EFFECTIVE JOB CREATION INCEN- TIVE FOR MICRO-BUSINESSES BECAUSE MANY OF THESE BUSINESSES LACK THE INCOME THAT MAKES A TAX CREDIT MEANINGFUL. THE LEGISLATURE FURTHER FINDS THAT CREATION OF A STATEWIDE HIRE NEW YORK FUND WILL PROVIDE THE NEEDED EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13164-02-4
co-Sponsors
(D) Senate District
(D, WF) 28th Senate District
(D) Senate District
(D) Senate District
2013-S5997B (ACTIVE) - Details
2013-S5997B (ACTIVE) - Sponsor Memo
BILL NUMBER:S5997B TITLE OF BILL: An act to amend the New York state urban development corporation act, in relation to enacting the HIRE NY act PURPOSE: To provide zero interest loans to businesses with less than 5 employees to hire New York residents. To grow small businesses and get New Yorkers hired. SUMMARY OF PROVISIONS: Section 1 titles this act as the "the hire individuals in the real economy New York Act." Or the "HIRE NY Act." Section 2 of this bill amends section 1 of chapter 174 of the laws of 1968, constituting the New York State urban development corporation act by adding a new section 16-w. Subpart 1 sets out the legislative intent. Subpart 2 set out definitions. Subpart 3 establishes the hire New York fund and outlines its purposes. Subpart 4 sets for the loan application process. Subpart 5 establishes an application fee. Subpart 6 sets forth the loan terms. Subpart 9 sets forth that a micro-business may utilize funds only for salary of micro-business qualifying new hire. Subpart 10 gives the corporation authorization to establish an advisory committee. Subpart 11 outlines the corporation's reporting requirements. Subpart 12 authorizes the corporation to promulgate rules and regulations required to fulfill the purposes of
2013-S5997B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5997--B 2013-2014 Regular Sessions I N S E N A T E November 27, 2013 ___________ Introduced by Sens. GIPSON, DILAN, KRUEGER, LATIMER, MONTGOMERY, PARKER, STAVISKY, TKACZYK -- read twice and ordered printed, and when printed to be committed to the Committee on Finance -- recommitted to the Committee on Finance in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the New York state urban development corporation act, in relation to enacting the HIRE NY act THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. This act shall be known and may be cited as the "hire indi- viduals in the real economy New York (HIRE NY) act". 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-x to read as follows: S 16-X. THE HIRE NEW YORK PROGRAM. 1. LEGISLATIVE INTENT. THE LEGISLA- TURE HEREBY FINDS THAT MICRO-BUSINESSES ARE THE ENGINES OF OUR ECONOMY AND ARE VITAL TO THE REVITALIZATION OF COMMUNITIES AND NEIGHBORHOODS THROUGHOUT THE STATE. THE LEGISLATURE FURTHER FINDS THAT CURRENT LAW FAILS TO MOTIVATE PEOPLE TO START OR EXPAND BUSINESSES. THE LEGISLATURE FINDS THAT IT IS IMPORTANT TO SPUR START-UP MICRO-BUSINESSES THAT HAVE THE POTENTIAL TO BECOME THE JOB ENGINES FOR TOMORROW'S ECONOMY. THE LEGISLATURE FURTHER FINDS INVESTMENTS IN ECONOMIC DEVELOPMENT FAIL TO PROVIDE ANY FUNDING TO MICRO-BUSINESSES. THE LEGISLATURE FURTHER FINDS THAT SMALL MICRO-BUSINESSES WITH THE PROPER INCENTIVES ARE POISED TO PROVIDE SIGNIFICANT LOCAL JOB CREATION ACROSS THE STATE. THE LEGISLATURE FURTHER FINDS THAT TAX CREDITS ARE NOT AN EFFECTIVE JOB CREATION INCEN- TIVE FOR MICRO-BUSINESSES BECAUSE MANY OF THESE BUSINESSES LACK THE INCOME THAT MAKES A TAX CREDIT MEANINGFUL. THE LEGISLATURE FURTHER FINDS THAT CREATION OF A STATEWIDE HIRE NEW YORK FUND WILL PROVIDE THE NEEDED EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13164-08-4
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