NY State Senate Bill 2021-S4419

Senate Bill S4419

2021-2022 Legislative Session

Authorizes the urban development corporation to evaluate the geographical coverage of programs overseen by the corporation

download bill text pdf

Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions 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

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	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jan 05, 2022	referred to corporations, authorities and commissions
Feb 04, 2021	referred to corporations, authorities and commissions

2021-S4419 (ACTIVE) - Details

See Assembly Version of this Bill:: A3169
Current Committee:: Senate Corporations, Authorities And Commissions
Law Section:: New York State Urban Development Corporation Act
Laws Affected:: Add §9-g, UDC Act
Versions Introduced in Other Legislative Sessions:: 2009-2010: S3556, A6852
2011-2012: S3612, A3811
2013-2014: S3001, S6270, A3311
2015-2016: S2579, A7084
2017-2018: S2344, A5404
2019-2020: S4146, A6526
2023-2024: S5154, A5648

2021-S4419 (ACTIVE) - Summary

Authorizes the urban development corporation to evaluate the geographical coverage of programs overseen by the corporation and to work with not-for-profit corporations to supplement the technical assistance needs for communities.

2021-S4419 (ACTIVE) - Sponsor Memo

                                
 
BILL NUMBER: S4419

SPONSOR: PARKER
 
TITLE OF BILL:

An act to amend the New York state urban development corporation act, in
relation to the establishment of a technical assistance evaluation study
and partnership

 
PURPOSE:

This bill would provide permanent funds to create a Business Development
center within the New York State Urban Development Corporation to
provide technical assistance and any such other information as deemed
necessary to minority business community.

 
SUMMARY OF PROVISIONS:

Section 1: amends chapter 174 of the laws of 1968 by adding a new
section 9-g to create a technical assistance evaluation and study part-
nership.

 
JUSTIFICATION:

One of the most significant obstacles to the successful development of
the African-American and African-Caribbean business community in New
York State has been proving difficulty in accessing information on state
economic development programs, as well as a pronounced difficulty in
obtaining working capital and project specific financing in order to
aggressively compete for available state and local contracts.

The establishment of the African-American and African-Caribbean Business
Development Center would bridge the gap in informational, legal, finan-
cial and technical assistance services available to the African-American
and African-Caribbean Business Community. Centrally located to be easily
accessible to African-American and African-Caribbean Business Community.
Centrally located to be easily accessible to African-American and Afri-
can-Caribbean firms seeking assistance, it would create a setting where
alternate forms of business organization can be explored while serving a
valuable role to develop viable firms who are not currently organized in
a corporate for m but otherwise represent sound, practical candidates
for-economic assistance.

 
LEGISLATIVE HISTORY:

2019-20: S.4146 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

2017-18: S.2304 -REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

2015-16: S.2579/A.7084A Commissions Referred to Corps, Authorities and
Commissions

2013-14: S.6270/A.3311 - Referred to Corps, Authorities and Commissions

2011-12: S.3612/A.3811 - Referred to Corps, Authorities and Commissions

2009-10: S.3556/A.6852 - Reported and Committed Finance

 
FISCAL IMPLICATIONS:
None.

 
EFFECTIVE DATE:
This act shall take effect immediately.

2021-S4419 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4419
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             February 4, 2021
                                ___________
 
 Introduced  by  Sen.  PARKER -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and Commissions
 
 AN ACT to amend the New York state urban development corporation act, in
   relation  to  the  establishment  of a technical assistance evaluation
   study and partnership

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. 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 9-g to read as follows:
   §  9-G.  CREATING A TECHNICAL ASSISTANCE EVALUATION STUDY AND PARTNER-
 SHIP. (1) THE CORPORATION SHALL EVALUATE THE  GEOGRAPHICAL  COVERAGE  OF
 PROGRAMS  OVERSEEN BY THE CORPORATION AND THOSE SUPPORTED BY OTHER STATE
 FUNDS THAT SEEK TO OFFER TECHNICAL ASSISTANCE, INCLUDING, BUT NOT LIMIT-
 ED TO, ENTREPRENEURIAL ASSISTANCE, BUSINESS START-UP, GROWTH, AND EXPAN-
 SION, TO COMMUNITIES WITH A PREDOMINANTLY MINORITY POPULATION.
   (2) IF UPON COMPLETION OF THE STUDY REQUIRED  IN  SUBDIVISION  ONE  OF
 THIS  SECTION  THE CORPORATION FINDS THAT THERE ARE GAPS IN THE COVERAGE
 AREA, THE  CORPORATION  SHALL  WORK  WITH  NOT-FOR-PROFIT  CORPORATIONS,
 INCLUDING, BUT NOT LIMITED TO, COMMUNITY-BASED ORGANIZATIONS, TO SUPPLE-
 MENT  THE  TECHNICAL  ASSISTANCE  NEEDS  OF  THE COMMUNITIES AND PROVIDE
 CONVENIENT HOURS OF OPERATION AND TECHNICAL ASSISTANCE.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07774-01-1

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