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S5860Senate2015-2016 SessionSame asA7595

Extends provisions relating to self-employment assistance programs and other matters

Sponsor Martin J. GoldenSD-22
Status
Senate Floor Calendar
Impact
Pending
Outcome
Companion signed

Bill progress

Signed via A7595

What's happening

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Who cares

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Sponsors

Primary sponsor
Martin J. Golden

Senator · Senate District 22

Chair, Civil Service And Pensions

No co-sponsors yet.

History

  1. Substituted by A7595
  2. Ordered to third reading cal.1730
  3. Referred to rules

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.

A7595Assembly

Extends provisions relating to self-employment assistance programs and other matters

Signed by Governor · Sponsor Robin Schimminger

Signed into law

Full text

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

Sponsor's memo

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 thereof

Purpose

This bill would extend to December 7, 2017 certain provisions relating to the establishment and operation of the state's Self-Employment Assistance Program (SEAP).

Summary of provisions

Section 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, 2017.

Section 2 of this bill provides that this act shall take effect immediately.

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.

Legislative history

Chapter 57 of the Laws of 2013 (A.3007-D/S.2607-D); 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.