Assembly Bill A4696

Vetoed By Governor
2023-2024 Legislative Session

Relates to assistance for certain small businesses

download bill text pdf

Sponsored By

Current Bill Status Via S702 - Vetoed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Vetoed By Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions
Votes

co-Sponsors

2023-A4696 (ACTIVE) - Details

See Senate Version of this Bill:
S702
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Amd §16-m, UDC Act
Versions Introduced in Other Legislative Sessions:
2017-2018: S5923
2019-2020: A2241, S9071
2021-2022: A3160, S3257

2023-A4696 (ACTIVE) - Summary

Relates to assistance for certain small businesses including dry cleaners and those that practice nail specialty for necessary code related improvements.

2023-A4696 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4696
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 22, 2023
                                ___________
 
 Introduced by M. of A. KIM -- 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 assistance for certain small businesses
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Subdivision 1 of section 16-m of 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 paragraph  (p)  to  read  as
 follows:
   (P)  ASSISTANCE TO SMALL BUSINESSES ENGAGED IN DRY CLEANING OR APPEAR-
 ANCE ENHANCEMENT BUSINESSES WHICH PRACTICE NAIL SPECIALTY TO MAKE  CAPI-
 TAL IMPROVEMENTS THROUGH GRANTS AND FLEXIBLE FINANCING PROGRAMS, INCLUD-
 ING,  BUT NOT LIMITED TO, LOAN LOSS RESERVE AND REVOLVING LOAN PROGRAMS,
 WORKING CAPITAL LOANS, WORKING CAPITAL LOAN GUARANTEES, OR OTHER  FLEXI-
 BLE  FINANCING PROGRAMS THAT LEVERAGE TRADITIONAL FINANCING. SUCH FINAN-
 CIAL ASSISTANCE SHALL BE USED TO ASSIST:   (I) DRY  CLEANING  BUSINESSES
 FOR  THE  PURCHASE AND INSTALLATION OF NON-PERCHLORETHYLENE MACHINES AND
 SPRINKLER SYSTEMS TO COMPLY WITH STATE AND LOCAL CODES, RULES AND  REGU-
 LATIONS;  AND (II) APPEARANCE ENHANCEMENT BUSINESSES WHICH PRACTICE NAIL
 SPECIALTY TO MAKE CAPITAL IMPROVEMENTS AND UPGRADES TO MECHANICAL VENTI-
 LATION SYSTEMS THAT ARE NECESSARY TO  COMPLY  WITH  FEDERAL,  STATE  AND
 LOCAL  INDOOR AIR QUALITY CODES, RULES AND REGULATIONS. THE CORPORATION,
 IN CONSULTATION  WITH  THE  ENVIRONMENTAL  FACILITIES  CORPORATION,  THE
 DEPARTMENT  OF  ENVIRONMENTAL CONSERVATION AND THE DEPARTMENT OF HEALTH,
 SHALL PROMULGATE ALL NECESSARY RULES AND REGULATIONS TO  FACILITATE  AND
 ADMINISTER  SUCH ASSISTANCE PROGRAM. FOR THE PURPOSES OF THIS PARAGRAPH,
 "SMALL BUSINESSES" SHALL HAVE THE SAME MEANING AS DEFINED IN SECTION ONE
 HUNDRED THIRTY-ONE OF THE ECONOMIC DEVELOPMENT LAW.
   § 2. This act shall take effect on the ninetieth day  after  it  shall
 have  become a law; provided, however, the amendments to subdivision one
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03028-01-3

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.