Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 07, 2015 |
enacting clause stricken |
Jan 27, 2015 |
referred to small business |
Assembly Bill A3740
2015-2016 Legislative Session
Sponsored By
SCARBOROUGH
Archive: Last Bill Status - Stricken
- 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
co-Sponsors
David McDonough
Robin Schimminger
Ellen C. Jaffee
Annette Robinson
multi-Sponsors
Peter Abbate
James F. Brennan
Marcos Crespo
Clifford Crouch
2015-A3740 (ACTIVE) - Details
- See other versions of this Bill:
- A7797 ,
- S3562 ,
- Law Section:
- New York State Urban Development Corporation Act
- Laws Affected:
- Add §16-x, amd §16-m, UDC Act
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
A3945, A10474
2011-2012: A6712
2013-2014: A2587
2017-2018: A3284
2019-2020: A8802
2021-2022: A6480
2023-2024: A6335
2015-A3740 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3740 2015-2016 Regular Sessions I N A S S E M B L Y January 27, 2015 ___________ Introduced by M. of A. SCARBOROUGH, CAMARA, McDONOUGH, SCHIMMINGER, JAFFEE, ROBINSON, COOK, ROBERTS, WEPRIN, SKARTADOS -- Multi-Sponsored by -- M. of A. ABBATE, BRENNAN, CRESPO, CROUCH, GUNTHER, LOPEZ, MAGEE, MARKEY, MILLER, THIELE, WRIGHT -- 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 small business energy loan program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The legislature hereby finds and declares that the state's chronically high energy costs are often cited as a key factor for why New York-based businesses and New York-made products are not competitive in national and global markets. The legislature further finds that the state's economic expansion is tied to the growth and development of small businesses. By reducing a primary cost component in a rapidly growing sector of the state's economy, those businesses are rendered more competitive, and thus help to better secure New York-based jobs. In addition, thriving businesses and communities will augment the tax base, which in distressed communities is disproportionately lower than in other areas of the state. Therefore, the legislature seeks to provide funds to reduce high ener- gy costs, via a zero or low interest loan, or loan interest rate reduction program for energy efficiency projects to stimulate the growth and development of small businesses and jobs in New York state. 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. SMALL BUSINESS ENERGY LOAN PROGRAM. 1. DEFINITIONS. FOR THE PURPOSE OF THIS SECTION: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08040-01-5 A. 3740 2
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