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History
- Referred to commerce, economic development and small business
- Referred to commerce, economic development and small business
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.
Directs the division for small business to maintain a small business portal on the department of economic development's website
In Senate Committee · Commerce, Economic Development And Small Business · Sponsor Andrew Hevesi
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5324
Title of bill
An act to amend the economic development law, in relation to directing the division for small business to maintain a small business portal on the department of economic development internet website
Purpose
This bill provides for development and maintenance of a small business web portal to provide existing and prospective small businesses with one-stop online small business assistance.
Summary of provisions
This legislation amends subdivisions 7, 8, 9, 10, and 11 of section 134 of the economic development law: subdivision 7 as added by chapter 547 of the laws of 1976. subdivision 8 as amended by chapter 361 of the laws of 2009. subdivision 9 as amended by chapter 490 of the laws of 1993, subdivision 10 as added by chapter 543 of the laws of 2002, and subdivision 11 as added by chapter 361 of the laws of 1993. This bill also designates the opening paragraph of section 135 of the economic development law as subdivision one and adds a new subdivision two to this section.
Justification
States around the country are using the Internet as an economic development tool to attract new investment and to retain the jobs created by their existing businesses. Larger firms generally use site selection and governmental relations professionals, but entrepreneurs and other small businesses may tend to rely more on the personal efforts of owners and operators to connect with governmental small business assistance programs. New York State must maximize its use of effective and coordinated online resources if it is to remain competitive with other states in job retention and creation. New York State has begun to improve its efforts at providing' online services to small businesses, but this bill will ensure that this progress continues.
This bill would provide for a one-stop small business web portal that links prospective and existing business owners and operators with governmental programs that can help them launch or grow their business in New York State. Provisions for frequent assessment and updating of the portal will ensure that it continues to attract business interest. and that new services are added that will enhance its value as an economic development tool.
Legislative history
A.2982-B (2009-2010) A.11805 (2007-2008)
Fiscal implications
To be determined.
Effective date
This act shall take effect on the one hundred twentieth day after it shall have become law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.