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S898Senate2013-2014 SessionSame asA4169

Creates a directory of assistance for small businesses and minority and women owned business enterprises

Sponsor Kevin S. ParkerSD-21+6 co-sponsorsAffects Finance
Status
In Senate Committee
Finance
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Finance

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History

  1. Reported and committed to finance
  2. Notice of committee consideration - requested
  3. Referred to commerce, economic development and small business
  4. Print number 898a
  5. Amend and recommit to finance
  6. Reported and committed to finance
  7. Notice of committee consideration - requested
  8. 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.

A4169Assembly

Creates a directory of assistance for small businesses and minority and women business enterprises

In Senate Committee · Finance · Sponsor William Scarborough

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S898A

Title of bill

An act to amend the economic development law, in relation to creating a directory of technical and financial assistance programs for small businesses and minority and women owned business enterprises

Purpose or general idea of bill

Creates a directory of assistance for small businesses and minority and women businesses enterprises.

Summary of specific provisions

Section 1 amends the economic development law by adding section 103-a which directs the office of economic development to create and maintain a directory of programs available to minority and women-owned businesses. The directory shall be in an electronic format available to the public and shall be updated on a monthly basis. Directs the commissioner to adopt rules and regulations necessary for implementation.

Section 2 this act shall take effect immediately.

Justification

One consistent theme throughout the Governor's Small Business Initiative has been the need to improve small businesses' access to information about existing programs. This theme applies with equal force in the area of access to capital, where the committee felt that small businesses were not aware of many programs that already exist in the State that provide small businesses with access to capital. This bill would provide a directory for small businesses and minority and women owned businesses to turn to for information about relevant programs.

Prior legislative history

2011-12: S.6498/A.8036- Passed Assembly

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.