NY State Senate Bill 2019-S6198

Senate Bill S6198

Signed By Governor

2019-2020 Legislative Session

Relates to an advisory panel on employee-owned enterprises within the division of small business services

download bill text pdf

Archive: Last Bill Status - Signed by Governor

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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Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Oct 11, 2019	signed chap.372
Oct 01, 2019	delivered to governor
Jun 17, 2019	returned to senate passed assembly ordered to third reading rules cal.226 substituted for a8089
Jun 06, 2019	referred to ways and means delivered to assembly passed senate
Jun 03, 2019	advanced to third reading
May 30, 2019	2nd report cal.
May 29, 2019	1st report cal.959
May 22, 2019	referred to commerce, economic development and small business

Votes

- Jun 6, 2019 - Floor Vote
  S6198
  
  61
  
  Aye
  
  0
  
  Nay
  
  0
  
  Absent
  
  1
  
  Excused
  
  0
  
  Abstained
  - - Floor Vote: Jun 6, 2019
      
      aye (61)
      
      Addabbo Jr.
      
      Akshar
      
      Amedore
      
      Antonacci
      
      Bailey
      
      Benjamin
      
      Biaggi
      
      Boyle
      
      Breslin
      
      Brooks
      
      Carlucci
      
      Comrie
      
      Felder
      
      Flanagan
      
      Funke
      
      Gallivan
      
      Gaughran
      
      Gianaris
      
      Gounardes
      
      Griffo
      
      Harckham
      
      Helming
      
      Hoylman-Sigal
      
      Jackson
      
      Jacobs
      
      Jordan
      
      Kaminsky
      
      Kaplan
      
      Kavanagh
      
      Kennedy
      
      Krueger
      
      LaValle
      
      Lanza
      
      Little
      
      Liu
      
      Martinez
      
      May
      
      Mayer
      
      Metzger
      
      Montgomery
      
      Myrie
      
      O'Mara
      
      Ortt
      
      Parker
      
      Persaud
      
      Ramos
      
      Ranzenhofer
      
      Ritchie
      
      Rivera
      
      Robach
      
      Salazar
      
      Savino
      
      Sepúlveda
      
      Serino
      
      Serrano
      
      Seward
      
      Skoufis
      
      Stavisky
      
      Stewart-Cousins
      
      Tedisco
      
      Thomas
      
      excused (1)
      
      Sanders Jr.
  May 29, 2019 - Commerce, Economic Development And Small Business Committee Vote
  S6198
  
  9
  
  Aye
  
  0
  
  Nay
  
  0
  
  Aye with Reservations
  
  0
  
  Absent
  
  0
  
  Excused
  
  0
  
  Abstained
  - - Commerce, Economic Development And Small Business Committee Vote: May 29, 2019
      
      aye (9)
      
      Akshar
      
      Bailey
      
      Boyle
      
      Gaughran
      
      Harckham
      
      Helming
      
      Kaplan
      
      Persaud
      
      Sanders Jr.

2019-S6198 (ACTIVE) - Details

See Assembly Version of this Bill:: A8089
Law Section:: Economic Development Law
Laws Affected:: Amd §139, Ec Dev L; amd §2, Chap 435 of 2017

2019-S6198 (ACTIVE) - Summary

Relates to an advisory panel on employee-owned enterprises within the division of small business services; extends provisions relating thereto.

2019-S6198 (ACTIVE) - Sponsor Memo

                                
 
BILL NUMBER: S6198

SPONSOR: KAPLAN
 
TITLE OF BILL:  An act to amend the economic development law, in
relation to an advisory panel on employee-owned enterprises within the
division of small business services; and to amend chapter 435 of the
laws of 2017 amending the economic development law, relating to estab-
lishing an advisory panel on employee-owned enterprises within the divi-
sion of small business services, in relation to the effectiveness there-
of

 
PURPOSE OF THE BILL:

This bill would extend for one year the advisory panel on employee-owned
enterprises which is tasked with reporting and making recommendations on
how best to support such businesses and promote the formation and growth
of new employee-owned enterprises in New York State.

 
SUMMARY OF SPECIFIC PROVISIONS:

This bill would extend for one year the advisory panel within the

Department of Economic Development for the purpose of reviewing state
laws and programs in order to report and make recommendations on how to
support and promote employee-owned enterprises in New York State. The
panel consists of twelve members with expertise related to employee-
owned enterprises, including the Commissioners of Economic Development,
Labor, and Tax and Finance.

The panel is responsible for identifying and recommending strategies to
promote the creation and development of new employee-owned enterprises,
evaluating state and local programs intended to support such businesses,
and recommending new or underutilized methods of supporting such busi-
nesses, among other things.

The panel would also be required to issue a report no later than June
13th 2020 with its findings.

 
JUSTIFICATION:

Employee-owned enterprises provide stability and staying power for local
jobs. Employee-owned enterprises are far less likely to move out of
state, or even out of the local region, because of the roots the employ-
ees of these enterprises have in the areas they work and live. Studies
have found that wages, sales, productivity, and retirement plans for
employee-owned enterprises are higher than those of comparable, private-
ly owned corporations.  As an increasing number of small business owners
reach retirement, many employees fear they may lose their job or have to
relocate when a small business owner retires and sells their company.

 
PRIOR LEGISLATIVE HISTORY:

New Bill.

 
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:

None.

 
EFFECTIVE DATE:
Immediate.

2019-S6198 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6198
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                               May 22, 2019
                                ___________
 
 Introduced  by  Sen.  KAPLAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Commerce, Economic  Devel-
   opment and Small Business
 
 AN ACT to amend the economic development law, in relation to an advisory
   panel on employee-owned enterprises within the division of small busi-
   ness  services;  and to amend chapter 435 of the laws of 2017 amending
   the economic development law, relating  to  establishing  an  advisory
   panel on employee-owned enterprises within the division of small busi-
   ness services, in relation to the effectiveness thereof
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 5 of section 139 of  the  economic  development
 law, as amended by chapter 30 of the laws of 2018, is amended to read as
 follows:
   5.  Reporting.  The  advisory panel shall issue a report no later than
 June thirtieth, two thousand [nineteen] TWENTY  outlining  the  findings
 and  recommendations  of the panel. The report shall be delivered to the
 governor, the speaker of the assembly, the temporary  president  of  the
 senate,  the minority leader of the assembly, the minority leader of the
 senate, the chair of the assembly committee on ways and means, the chair
 of the senate committee on finance, the chair of the assembly  committee
 on  economic  development,  the chair of the assembly committee on small
 business, the chair of the senate committee on commerce, economic devel-
 opment, and small business, the  chair  of  the  assembly  committee  on
 labor, and the chair of the senate committee on labor.
   § 2. Section 2 of chapter 435 of the laws of 2017 amending the econom-
 ic  development  law,  relating  to  establishing  an  advisory panel on
 employee-owned  enterprises  within  the  division  of  small   business
 services,  as  amended  by chapter 30 of the laws of 2018, is amended to
 read as follows:
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11943-01-9

 S. 6198                             2
 
   § 2. This act shall take effect immediately and shall  expire  October
 1,  [2019]  2020 when upon such date the provisions of this act shall be
 deemed repealed.
   §  3. This act shall take effect immediately; provided that the amend-
 ments to subdivision 5 of section 139 of the  economic  development  law
 made  by  section  one  of  this act shall not affect the repeal of such
 section and shall be deemed repealed therewith.

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