Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 21, 2020 |
print number 8121a |
May 21, 2020 |
amend (t) and recommit to commerce, economic development and small business |
Apr 22, 2020 |
committee discharged and committed to commerce, economic development and small business |
Mar 23, 2020 |
referred to veterans, homeland security and military affairs |
Senate Bill S8121A
2019-2020 Legislative Session
Sponsored By
(D) 10th Senate District
Archive: Last Bill Status - In Senate Committee Commerce, Economic Development And Small Business 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
2019-S8121 - Details
- See Assembly Version of this Bill:
- A10551
- Current Committee:
- Senate Commerce, Economic Development And Small Business
- Law Section:
- Executive Law
- Laws Affected:
- Add §29-l, Exec L
2019-S8121 - Sponsor Memo
BILL NUMBER: S8121 SPONSOR: SANDERS TITLE OF BILL: An act to amend the executive law, in relation to establishing the state of emergency minority and women owned business enterprises loan and grant program PURPOSE OR GENERAL IDEA OF BILL: This bill would establish the state of emergency minority and women owned business enterprises loan and grant program. SUMMARY OF SPECIFIC PROVISIONS: Section 1: - Definitions. - Establishes the state of emergency minority and women owned business
2019-S8121 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8121 I N S E N A T E March 23, 2020 ___________ Introduced by Sen. SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Veterans, Homeland Securi- ty and Military Affairs AN ACT to amend the executive law, in relation to establishing the state of emergency minority and women owned business enterprises loan and grant program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The executive law is amended by adding a new section 29-l to read as follows: § 29-L. STATE OF EMERGENCY MINORITY AND WOMEN OWNED BUSINESS ENTER- PRISES LOAN AND GRANT PROGRAM. 1. DEFINITIONS. AS USED IN THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (A) "AFFECTED BUSINESS OR ORGANIZATION" MEANS AND INCLUDES BOTH MINOR- ITY AND WOMEN OWNED BUSINESS ENTERPRISES LOCATED WITHIN THIS STATE DURING A STATE OF EMERGENCY; (B) "AGENCY" MEANS THE URBAN DEVELOPMENT CORPORATION IN COOPERATION WITH THE EMPIRE STATE DEVELOPMENT CORPORATION. (C) "BANK" MEANS A BANK AS SUCH TERM IS DEFINED IN SUBDIVISION ONE OF SECTION TWO OF THE BANKING LAW; (D) "CREDIT UNION" MEANS A CREDIT UNION AS SUCH TERM IS DEFINED IN SUBDIVISION NINE OF SECTION TWO OF THE BANKING LAW; (E) "DEPARTMENT" MEANS THE DEPARTMENT OF FINANCIAL SERVICES; (F) "ELIGIBLE FINANCIAL INSTITUTION" MEANS A BANK OR CREDIT UNION THAT HAS A PHYSICAL PRESENCE IN THIS STATE AND IS IN GOOD STANDING; (G) "GRACE PERIOD" MEANS THE NINETY-DAY PERIOD AFTER A STATE OF EMER- GENCY IS OVER; (H) "SMALL BUSINESS" MEANS A BUSINESS WITH NOT MORE THAN FIFTY EMPLOY- EES; (I) "SMALL NOT-FOR-PROFIT ORGANIZATION" MEANS A NOT-FOR-PROFIT ORGAN- IZATION WITH NOT MORE THAN FIFTY EMPLOYEES; AND (J) "STATE OF EMERGENCY" MEANS THE PERIOD BEGINNING WITH A DECLARATION BY THE GOVERNOR THAT A STATE OF EMERGENCY EXISTS. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
(D, WF) 48th Senate District
2019-S8121A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10551
- Current Committee:
- Senate Commerce, Economic Development And Small Business
- Law Section:
- Executive Law
- Laws Affected:
- Add §29-l, Exec L
2019-S8121A (ACTIVE) - Sponsor Memo
BILL NUMBER: S8121A SPONSOR: SANDERS TITLE OF BILL: An act to amend the executive law, in relation to establishing the state of emergency minority and women owned business enterprises loan and grant program relating to novel coronavirus (COVID-19) PURPOSE OR GENERAL IDEA OF BILL: This bill would establish the state of emergency minority and women owned business enterprises loan and grant program. SUMMARY OF SPECIFIC PROVISIONS: Section 1: - Definitions. - Establishes the state of emergency minority and women owned business
2019-S8121A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8121--A I N S E N A T E March 23, 2020 ___________ Introduced by Sen. SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Veterans, Homeland Securi- ty and Military Affairs -- committee discharged and said bill commit- ted to the Committee on Commerce, Economic Development and Small Busi- ness -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the executive law, in relation to establishing the state of emergency minority and women owned business enterprises loan and grant program relating to novel coronavirus (COVID-19) THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The executive law is amended by adding a new section 29-l to read as follows: § 29-L. STATE OF EMERGENCY MINORITY AND WOMEN OWNED BUSINESS ENTER- PRISES LOAN AND GRANT PROGRAM. 1. DEFINITIONS. AS USED IN THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (A) "AFFECTED BUSINESS OR ORGANIZATION" MEANS AND INCLUDES BOTH MINOR- ITY AND WOMEN OWNED BUSINESS ENTERPRISES OPERATING AND LOCATED WITHIN THIS STATE AT THE COMMENCEMENT OF THE STATE OF EMERGENCY; (B) "BANK" MEANS A BANK AS SUCH TERM IS DEFINED IN SUBDIVISION ONE OF SECTION TWO OF THE BANKING LAW; (C) "CREDIT UNION" MEANS A CREDIT UNION AS SUCH TERM IS DEFINED IN SUBDIVISION NINE OF SECTION TWO OF THE BANKING LAW; (D) "CORPORATION" MEANS THE URBAN DEVELOPMENT CORPORATION IN COOPER- ATION WITH THE EMPIRE STATE DEVELOPMENT CORPORATION; (E) "DEPARTMENT" MEANS THE DEPARTMENT OF FINANCIAL SERVICES; (F) "ELIGIBLE FINANCIAL INSTITUTION" MEANS A BANK OR CREDIT UNION THAT HAS A PHYSICAL PRESENCE IN THIS STATE AND IS IN GOOD STANDING; (G) "GRACE PERIOD" MEANS THE NINETY-DAY PERIOD AFTER A STATE OF EMER- GENCY IS OVER; AND (H) "STATE OF EMERGENCY" MEANS THE PERIOD DECLARED BY EXECUTIVE ORDER 202 ON MARCH 7, 2020 RELATING TO THE NOVEL CORONAVIRUS (COVID-19). 2. STATE OF EMERGENCY MINORITY AND WOMEN OWNED BUSINESS ENTERPRISES LOAN AND GRANT PROGRAM. (A) THE CORPORATION SHALL ADMINISTER A STATE OF EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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