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Sponsors
No co-sponsors yet.
History
- Referred to commerce, economic development and small business
- Referred to rules
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5931
Title of bill
An act to amend the economic development law, in relation to including egg cryopreservation in the definition of scientific research and development
Purpose
The purpose of this legislation is to allow a egg cryo-preservation facilities to grow and expand in the State and avail themselves of the economic development dollars necessary to grow.
Summary of provisions
Section 1. § 352 (20) of the economic development law is amended by adding a new definition, egg storage facilities.
Section 2. Effective Date.
Justification
A woman's fertility declines fairly rapidly beginning in her early 30's. The chances of a nonhealthy baby also increase as she ages. Recent studies have proven the age of the egg is paramount - the age of the mother is not. Evidence has shown, that donor eggs show little, if any, degradation over time, as opposed to egg violability in its natural aging state.
Currently, less than 0.5% of the available market is taking advantage of egg freezing. Extend Fertility empowers women to optimize their personal and professional goals by delivering high quality affordable egg freezing. Extend Fertility empowers women to optimize their personal and professional goals. Extend Fertility will become the world's first purpose-built egg freezing practice management company, partnering with world class physicians committed to value-based healthcare delivery.
Their customer centric culture will support a service far superior to that currently offered by infertility clinics. Extend Fertility brings:
-High quality clinical care
-Lower pricing (with creative pricing alternatives)
-Consistently caring, knowledgeable and responsive patient service
-An environment specifically designed to appeal to healthy, young women Extend Fertility empowers woman by giving them control over their fertility.
Legislative history
New bill
Fiscal implications
Increase in sales tax revenues and job development.
Effective date
Immediately
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.