Senate Bill S5354

2023-2024 Legislative Session

Relates to financial assistance to small businesses for the purpose of pollution prevention, control and compliance

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Finance 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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2023-S5354 (ACTIVE) - Details

See Assembly Version of this Bill:
A4503
Current Committee:
Senate Finance
Law Section:
Economic Development Law
Laws Affected:
Amd §137, Ec Dev L; add §1285-v, Pub Auth L; amd §16-m, UDC Act
Versions Introduced in Other Legislative Sessions:
2015-2016: S5495, A7518
2017-2018: S2999, A2348
2019-2020: S3489, A5049
2021-2022: S7488, A6483

2023-S5354 (ACTIVE) - Summary

Relates to financial assistance to small businesses for the purpose of pollution prevention, control and compliance.

2023-S5354 (ACTIVE) - Sponsor Memo

2023-S5354 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5354
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               March 2, 2023
                                ___________
 
 Introduced  by  Sen.  RYAN  --  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, the public authorities law
   and  the New York state urban development corporation act, in relation
   to financial  assistance  to  small  businesses  for  the  purpose  of
   pollution prevention, control and compliance
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1.  Paragraphs l and m of subdivision 2 of section 137 of  the
 economic  development  law,  paragraph  l  as amended and paragraph m as
 added by chapter 594 of the laws of 1994, are amended and  a  new  para-
 graph n is added to read as follows:
   l.  providing  information  to  small  business  stationary sources on
 state-sponsored programs offering financial  and  technical  assistance,
 and  in locating sources of funding for compliance with the requirements
 of article nineteen of the environmental conservation law and  the  Act;
 [and]
   m.  establishing procedures for assuring the confidentiality of infor-
 mation received from small business stationary sources[.]; AND
   N. MARKETING THE SMALL BUSINESS ENVIRONMENTAL FUND ESTABLISHED  PURSU-
 ANT  TO  SECTION  TWELVE HUNDRED EIGHTY-FIVE-V OF THE PUBLIC AUTHORITIES
 LAW TO SMALL BUSINESS STATIONARY SOURCES, ASSISTING THE NEW  YORK  STATE
 URBAN  DEVELOPMENT CORPORATION IN THE PROJECTION OF DEMAND FOR FINANCIAL
 ASSISTANCE PURSUANT TO SECTION SIXTEEN-M OF THE  NEW  YORK  STATE  URBAN
 DEVELOPMENT CORPORATION ACT.
   §  2.  The  public  authorities law is amended by adding a new section
 1285-v to read as follows:
   § 1285-V. SMALL BUSINESS ENVIRONMENTAL FUND. 1. THE CORPORATION  SHALL
 UNDERTAKE AND PROVIDE ASSISTANCE IN SUPPORT OF A PROGRAM TO ASSIST SMALL
 BUSINESSES  IN LEVERAGING CAPITAL FROM FINANCIAL INSTITUTIONS TO ACHIEVE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00411-02-3
              

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