NY State Senate Bill 2019-S7355

Senate Bill S7355

2019-2020 Legislative Session

Directs the secretary of state to provide information to certain new businesses

download bill text pdf

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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Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Mar 10, 2020	referred to corporations, authorities and commissions delivered to assembly passed senate
Mar 04, 2020	advanced to third reading
Mar 03, 2020	2nd report cal. amended 7355a
Mar 02, 2020	1st report cal.512
Jan 21, 2020	referred to corporations, authorities and commissions

Votes

- Mar 10, 2020 - Floor Vote
  S7355
  
  59
  
  Aye
  
  0
  
  Nay
  
  0
  
  Absent
  
  3
  
  Excused
  
  0
  
  Abstained
  - - Floor Vote: Mar 10, 2020
      
      aye (59)
      
      Addabbo Jr.
      
      Akshar
      
      Amedore
      
      Bailey
      
      Benjamin
      
      Biaggi
      
      Borrello
      
      Boyle
      
      Breslin
      
      Brooks
      
      Carlucci
      
      Comrie
      
      Flanagan
      
      Funke
      
      Gallivan
      
      Gaughran
      
      Gianaris
      
      Gounardes
      
      Griffo
      
      Harckham
      
      Helming
      
      Hoylman-Sigal
      
      Jackson
      
      Jordan
      
      Kaminsky
      
      Kaplan
      
      Kavanagh
      
      Kennedy
      
      Krueger
      
      LaValle
      
      Lanza
      
      Little
      
      Liu
      
      Martinez
      
      May
      
      Mayer
      
      Metzger
      
      Montgomery
      
      Myrie
      
      O'Mara
      
      Ortt
      
      Parker
      
      Persaud
      
      Ramos
      
      Ritchie
      
      Rivera
      
      Robach
      
      Salazar
      
      Sanders Jr.
      
      Savino
      
      Sepúlveda
      
      Serino
      
      Serrano
      
      Seward
      
      Skoufis
      
      Stavisky
      
      Stewart-Cousins
      
      Tedisco
      
      Thomas
      
      excused (3)
      
      Felder
      
      Jacobs
      
      Ranzenhofer
  Mar 2, 2020 - Corporations, Authorities And Commissions Committee Vote
  S7355
  
  6
  
  Aye
  
  0
  
  Nay
  
  0
  
  Aye with Reservations
  
  0
  
  Absent
  
  1
  
  Excused
  
  0
  
  Abstained
  - - Corporations, Authorities And Commissions Committee Vote: Mar 2, 2020
      
      aye (6)
      
      Comrie
      
      Gounardes
      
      Mayer
      
      Ramos
      
      Ranzenhofer
      
      Skoufis
      
      excused (1)
      
      Boyle

Bill Amendments

Original

A (Active)

2019-S7355 - Details

Current Committee:: Assembly Corporations, Authorities And Commissions
Law Section:: Business Corporation Law
Laws Affected:: Amd §408, BC L; amd §205, Lim Lil L
Versions Introduced in 2021-2022 Legislative Session:: S113

2019-S7355 - Summary

Directs the secretary of state to provide information to certain new businesses.

2019-S7355 - Sponsor Memo

                                
 
BILL NUMBER: S7355

SPONSOR: KAPLAN
 
TITLE OF BILL:

An act to amend the business corporation law and the limited liability
company law, in relation to directing the secretary of state to provide
information to certain new businesses

 
PURPOSE OR GENERAL IDEA OF BILL:

Would require when upon receipt of a statement of filing that secretary
of state shall confirm receipt and include useful information for busi-
ness including but not limited to:  contact information for the local
SBDC, local EAC, business mentor NY, and Empire State Development.

 
SUMMARY OF SPECIFIC PROVISIONS:

Section 1 adds a new paragraph 9 in Section 408 of the business corpo-
ration law to require upon receipt of a filing by the Secretary of
State, receipt shall be confirmed.  Include in this receipt shall be

information including but not limited to contact information for the
regional NYS Small Business Development Center, regional NYS Entrepren-
eurship Assistance Center, Business Mentor NY, and NYS Empire State
Development.

Section 2 amends Section 205 of the limited liability corporation law to
require upon receipt of an application to reserve a LLC name, receipt
shall be confirmed. Include in this receipt shall be information includ-
ing but not limited to contact information for the regional NYS Small
Business Development Center, regional NYS Entrepreneurship Assistance
Center, Business Mentor NY, and NYS Empire State Development

Section 3 is the effective date.

 
JUSTIFICATION:

New York has many incredible resources available for business' across
the State, however what sometimes is lacking is the business knowing
such resources are available. The great work being done by our SBDCs,
EACs, and ESDC are only valuable when business knows about them and can
make use and access these incredible resources. The goal of this legis-
lation is simple to put before newly forming businesses a list and
contact information for these resources. Providing this information at
the first stages of a business is critical, it is during this time that
most business needs the most help. Resources are available to help these
start-up business, but often during the hectic start of opening a busi-
ness they go overlooked, this legislation aims to have this information
sent directly to a new business therefore lessening the chance the great
programs that are available go overlooked.

 
PRIOR LEGISLATIVE HISTORY:

None.

 
FISCAL IMPLICATIONS:

Minimal.

 
EFFECTIVE DATE:
This act shall take effect on the sixtieth day.

2019-S7355 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7355
 
                             I N  S E N A T E
 
                             January 21, 2020
                                ___________
 
 Introduced  by  Sen.  KAPLAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and Commissions
 
 AN  ACT  to amend the business corporation law and the limited liability
   company law, in relation  to  directing  the  secretary  of  state  to
   provide information to certain new businesses

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 408 of the business corporation law is  amended  by
 adding a new paragraph 9 to read as follows:
   9.  UPON  THE  RECEIPT  OF  A STATEMENT FOR FILING BY THE SECRETARY OF
 STATE PURSUANT TO THIS SECTION, THE SECRETARY  OF  STATE  SHALL  CONFIRM
 SUCH RECEIPT BY MAIL TO THE CORPORATION AT THE ADDRESS SET FORTH IN SUCH
 STATEMENT. IN ADDITION, THE SECRETARY OF STATE SHALL INCLUDE, BUT NOT BE
 LIMITED TO INCLUDING, THE FOLLOWING INFORMATION IN SUCH MAILING:
   (A)  CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO WEBSITE,
 ADDRESS AND TELEPHONE NUMBER, OF  THE  NEW  YORK  STATE  SMALL  BUSINESS
 DEVELOPMENT CENTER SERVING THEIR REGION;
   (B)  CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO WEBSITE,
 ADDRESS AND TELEPHONE NUMBER, OF THE  NEW  YORK  STATE  ENTREPRENEURSHIP
 ASSISTANCE CENTER SERVING THEIR REGION;
   (C)  CONTACT  INFORMATION, INCLUDING, BUT NOT LIMITED TO, THE WEBSITE,
 ADDRESS AND TELEPHONE NUMBER OF BUSINESS MENTOR NY; AND
   (D) CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO  WEBSITE,
 ADDRESS  AND  TELEPHONE NUMBER, OF EMPIRE STATE DEVELOPMENT. INFORMATION
 REGARDING EMPIRE STATE DEVELOPMENT SHALL INCLUDE DIRECTION TO  RESOURCES
 AVAILABLE ON SUCH WEBSITE TO SUPPORT AND ASSIST NEW BUSINESSES.
   §  2.  Section  205 of the limited liability company law is amended by
 adding a new subdivision (e) to read as follows:
   (E) UPON THE RECEIPT OF AN APPLICATION TO RESERVE A LIMITED  LIABILITY
 COMPANY  NAME  BY  THE DEPARTMENT OF STATE PURSUANT TO THIS SECTION, THE
 DEPARTMENT SHALL CONFIRM SUCH RECEIPT BY MAIL TO THE  LIMITED  LIABILITY
 COMPANY  AT THE ADDRESS SET FORTH IN SUCH APPLICATION. IN ADDITION, SUCH
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

                                                            LBD14034-03-9

 S. 7355                             2
 
 DEPARTMENT SHALL INCLUDE, BUT NOT BE LIMITED TO INCLUDING, THE FOLLOWING
 INFORMATION IN SUCH MAILING:
   (1)  CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO WEBSITE,
 ADDRESS AND TELEPHONE NUMBER, OF  THE  NEW  YORK  STATE  SMALL  BUSINESS
 DEVELOPMENT CENTER SERVING THEIR REGION;
   (2)  CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO WEBSITE,
 ADDRESS AND TELEPHONE NUMBER, OF THE  NEW  YORK  STATE  ENTREPRENEURSHIP
 ASSISTANCE CENTER SERVING THEIR REGION;
   (3)  CONTACT  INFORMATION, INCLUDING, BUT NOT LIMITED TO, THE WEBSITE,
 ADDRESS AND TELEPHONE NUMBER OF BUSINESS MENTOR NY; AND
   (4) CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO  WEBSITE,
 ADDRESS  AND  TELEPHONE NUMBER, OF EMPIRE STATE DEVELOPMENT. INFORMATION
 REGARDING EMPIRE STATE DEVELOPMENT SHALL INCLUDE DIRECTION TO  RESOURCES
 AVAILABLE ON SUCH WEBSITE TO SUPPORT AND ASSIST NEW BUSINESSES.
   §  3.  This  act  shall take effect on the sixtieth day after it shall
 have become a law.

co-Sponsors

2019-S7355A (ACTIVE) - Details

Current Committee:: Assembly Corporations, Authorities And Commissions
Law Section:: Business Corporation Law
Laws Affected:: Amd §408, BC L; amd §205, Lim Lil L
Versions Introduced in 2021-2022 Legislative Session:: S113

2019-S7355A (ACTIVE) - Summary

Directs the secretary of state to provide information to certain new businesses.

2019-S7355A (ACTIVE) - Sponsor Memo

                                
 
BILL NUMBER: S7355A

SPONSOR: KAPLAN
 
TITLE OF BILL:

An act to amend the business corporation law and the limited liability
company law, in relation to directing the secretary of state to provide
information to certain new businesses

 
PURPOSE OR GENERAL IDEA OF BILL:

Would require when upon receipt of a statement of filing that secretary
of state shall confirm receipt and include useful information for busi-
ness including but not limited to: contact information for the local
SBDC, local EAC, business mentor NY, and Empire State Development.

 
SUMMARY OF SPECIFIC PROVISIONS:

Section 1 adds a new paragraph 9 in Section 408 of the business corpo-
ration law to require upon receipt of a filing by the Secretary of
State, receipt shall be confirmed. Include in this receipt shall be

information including but not limited to contact information for the
regional NYS Small Business Development Center, regional NYS Entrepren-
eurship Assistance Center, Business Mentor NY, and NYS Empire State
Development.

Section 2 amends Section 205 of the limited liability corporation law to
require upon receipt of an application to reserve a LLC name, receipt
shall be confirmed. Include in this receipt shall be information includ-
ing but not limited to contact information for the regional NYS Small
Business Development Center, regional NYS Entrepreneurship Assistance
Center, Business Mentor NY, and NYS Empire State Development

Section 3 is the effective date.

 
JUSTIFICATION:

New York has many incredible resources available for business' across
the State, however what sometimes is lacking is the business knowing
such resources are available. The great work being done by our SBDCs,
EACs, and ESDC are only valuable when business knows about them and can
make use and access these incredible resources. The goal of this legis-
lation is simple to put before newly forming businesses a list and
contact information for these resources. Providing this information at
the first stages of a business is critical, it is during this time that
most business needs the most help. Resources are available to help these
start-up business, but often during the hectic start of opening a busi-
ness they go overlooked, this legislation aims to  have this information
sent directly to a new business therefore lessening the chance the great
programs that are available go overlooked.

 
PRIOR LEGISLATIVE HISTORY:

None.

 
FISCAL IMPLICATIONS:

Minimal.

 
EFFECTIVE DATE:
This act shall take effect on the sixtieth day.

2019-S7355A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  7355--A
     Cal. No. 512
 
                             I N  S E N A T E
 
                             January 21, 2020
                                ___________
 
 Introduced  by  Sen.  KAPLAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and  Commissions -- reported favorably from said committee, ordered to
   first report, amended on first report, ordered to a second report  and
   ordered reprinted, retaining its place in the order of second report

 AN  ACT  to amend the business corporation law and the limited liability
   company law, in relation  to  directing  the  secretary  of  state  to
   provide information to certain new businesses
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 408 of the business corporation law is  amended  by
 adding a new paragraph 9 to read as follows:
   9.  UPON  THE  RECEIPT  OF  A STATEMENT FOR FILING BY THE SECRETARY OF
 STATE PURSUANT TO THIS SECTION, THE SECRETARY  OF  STATE  SHALL  CONFIRM
 SUCH RECEIPT BY MAIL OR EMAIL TO THE CORPORATION AT THE ADDRESS OR EMAIL
 ADDRESS SET FORTH IN SUCH STATEMENT. IN ADDITION, THE SECRETARY OF STATE
 SHALL  INCLUDE,  BUT NOT BE LIMITED TO INCLUDING, THE FOLLOWING INFORMA-
 TION IN SUCH MAILING OR EMAIL:
   (A) CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO  WEBSITE,
 ADDRESS  AND  TELEPHONE  NUMBER,  OF  THE  NEW YORK STATE SMALL BUSINESS
 DEVELOPMENT CENTER SERVING THEIR REGION;
   (B) CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO  WEBSITE,
 ADDRESS  AND  TELEPHONE  NUMBER,  OF THE NEW YORK STATE ENTREPRENEURSHIP
 ASSISTANCE CENTER SERVING THEIR REGION;
   (C) CONTACT INFORMATION, INCLUDING, BUT NOT LIMITED TO,  THE  WEBSITE,
 ADDRESS AND TELEPHONE NUMBER OF BUSINESS MENTOR NY; AND
   (D)  CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO WEBSITE,
 ADDRESS AND TELEPHONE NUMBER, OF EMPIRE STATE  DEVELOPMENT.  INFORMATION
 REGARDING  EMPIRE STATE DEVELOPMENT SHALL INCLUDE DIRECTION TO RESOURCES
 AVAILABLE ON SUCH WEBSITE TO SUPPORT AND ASSIST NEW BUSINESSES.
   § 2. Section 205 of the limited liability company law  is  amended  by
 adding a new subdivision (e) to read as follows:
   (E)  UPON THE RECEIPT OF AN APPLICATION TO RESERVE A LIMITED LIABILITY
 COMPANY NAME BY THE DEPARTMENT OF STATE PURSUANT TO  THIS  SECTION,  THE

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD14034-04-0

 S. 7355--A                          2
 
 DEPARTMENT  SHALL  CONFIRM  SUCH RECEIPT BY MAIL OR EMAIL TO THE LIMITED
 LIABILITY COMPANY AT THE ADDRESS OR EMAIL  ADDRESS  SET  FORTH  IN  SUCH
 APPLICATION.  IN  ADDITION,  SUCH  DEPARTMENT  SHALL INCLUDE, BUT NOT BE
 LIMITED  TO  INCLUDING,  THE  FOLLOWING  INFORMATION  IN SUCH MAILING OR
 EMAIL:
   (1) CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO  WEBSITE,
 ADDRESS  AND  TELEPHONE  NUMBER,  OF  THE  NEW YORK STATE SMALL BUSINESS
 DEVELOPMENT CENTER SERVING THEIR REGION;
   (2) CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO  WEBSITE,
 ADDRESS  AND  TELEPHONE  NUMBER,  OF THE NEW YORK STATE ENTREPRENEURSHIP
 ASSISTANCE CENTER SERVING THEIR REGION;
   (3) CONTACT INFORMATION, INCLUDING, BUT NOT LIMITED TO,  THE  WEBSITE,
 ADDRESS AND TELEPHONE NUMBER OF BUSINESS MENTOR NY; AND
   (4)  CONTACT  INFORMATION,  INCLUDING,  BUT  NOT  LIMITED  TO WEBSITE,
 ADDRESS AND TELEPHONE NUMBER, OF EMPIRE STATE  DEVELOPMENT.  INFORMATION
 REGARDING  EMPIRE STATE DEVELOPMENT SHALL INCLUDE DIRECTION TO RESOURCES
 AVAILABLE ON SUCH WEBSITE TO SUPPORT AND ASSIST NEW BUSINESSES.
   § 3. This act shall take effect on the sixtieth  day  after  it  shall
 have become a law.

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