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History
- Substituted by A7268
- Advanced to third reading
- 2nd report cal.
- 1st report cal.822
- Referred to labor
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.
Extends the self-employment assistance program
Signed by Governor · Sponsor Robin Schimminger
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S4953
Title of bill
An act to amend chapter 413 of the laws of 2003 amending the labor law relating to the self-employment assistance program and other matters, in relation to extending the effectiveness of certain provisions thereof
Purpose of the bill
Extends to December 7, 2013 certain provisions relating to the establishment and operation of the state's Self-Employment Assistance Program (SEAP).
Summary of specific provisions
§ 1- Amends § 10 of Chapter 413 of the Laws of 2003 amending the Labor Law relating to the establishment and operation of the Self-Employment Assistance Program (SEAP) to extend the provision until December 7, 2013.
§ 2- Effective date.
Justification
The Self-Employment Assistance Program has been extremely successful in helping individuals who are likely to exhaust their regular unemployment insurance benefits to develop and establish small businesses in New York. Qualified individuals participate in a rigorous program that consists of specific benchmarks they must comply with in order to stay in the program. A participant must complete a minimum of twenty hours of entrepreneurial training, meet a minimum of two times with a certified business counselor, create a business plan and send periodic reports to their Department of Labor coordinator. The success of this program is evident. Over 4,000 jobs have been created and $16 million in state tax revenue has been generated at no cost to the state. In an ongoing effort to create and nourish job growth throughout the state, it is critical that the Self-Employment Assistance Program be extended to afford certain individuals collecting unemployment insurance benefits the opportunity to take advantage of this program.
Prior legislative history
Chapter 106 of the Laws of 2009 (A.6050/S.3707); Chapter 200 of the Laws of 2007 (A.7209/S.4080); Chapter 101 of the Laws of 2006 (A.3190/S.2785); Chapter 413 of the Laws of 2003 (A.3429A/S.2620-A); Chapter 626 of the Laws of 1998 (A.11079/S.7096-A); Chapter 596 of the Laws of 1994 (A.10868-A/S.7904-A).
Fiscal implications
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.