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History
- Referred to local government
- Referred to local government
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Authorizes industrial development agencies created for the benefit of a town to provide scholarships to certain institutions offering business studies
In Assembly Committee · Local Governments · Sponsor Steven Englebright
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the general municipal law and the education law, in relation to authorizing industrial development agencies created for the benefit of a town to establish a scholarship program for students engaged in a course of study for an associate's, bachelor's or master's degree in a business related field
Purpose/summary of provisions
This bill would authorize IDA's created for the benefit of a town to provide scholarships to certain institutions offering business studies.
The opening paragraph of section 858 of general municipal law, as amended by chapter 659 of the laws of 1997, shall be amended to include providing scholarships or intern support to eligible students in a business or industry related field. Additionally, this will only apply to agencies created for the benefit of a town, and those entities shall be authorized to provide financial assistance in respect to any scholarship and/or intern support to an eligible student.
Justification
This program will help advance the job opportunities, health, and economic welfare of the people of the state of New York and improve their standard of living.
Fiscal implications for state and local governments
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.