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Sponsors
Senator · Senate District 59
No co-sponsors yet.
History
- Reported and committed to finance
- 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.
Establishes regional technology development centers
In Senate Committee · Commerce, Economic Development And Small Business · Sponsor Linda Rosenthal
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5172
Title of bill
An act to amend the economic development law, in relation to establishing regional technology development centers
Purpose or general idea of bill
To move and make consistent authorizing language currently in public authorities law to economic development law under the new science and technology division in the department of economic development where these centers are administered.
Summary of specific provisions
This bill moves the program into the appropriate section of law and makes other minor changes to the statutory language, such as changing "foundation" to "department"-where necessary. It also modernizes the statutory language that governs the RTDCs to more accurately reflect their actual duties and activities. This bill also incorporates the activities of the Industrial Technology Extension Service, now 3102-a in Public Authorities Law, as part of the functions of the RTDCs since it has historically been their responsibility to perform these functions.
Justification
This bill moves the RTDC program and activities formerly administered by the foundation for science, technology and innovation into Article 18 of the economic development law. New provisions allow for the program to continue seamlessly in the event that redesignation does not occur on schedule, thereby allowing crucial activities, services and funding (including federal funding) to be maintained.
Prior legislative history
New bill.
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.