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Sponsors
No co-sponsors yet.
History
- Referred to finance
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the state finance law, in relation to state assistance to local governments for support of applicants for state, federal and other grants
Purpose
Relates to state assistance to local governments for support of applicants for state, federal and other grants
Summary of provisions
Requires the Department of State to make available to counties or municipalities with a population of less than 100,000 grants of no more than $5,000 per applications, with receipt of such grant being used to apply for other state, federal, or other grants that would aid in job development and economic growth. The Secretary shall promulgate rules necessary for the enactment of this provision, including a yearly schedule for applications for small-grants and a showing by the applicant on how smaller grants will aid in the application of larger grants. Funding shall be provided via yearly appropriation, but the amount of funding shall be no less than one-half of one percent of funds appropriated to the local government and community services account of the Department of State.
Existing law
New
Justification
While many large-scale grants exist at the state and federal level and through private foundations and other non-governmental organizations, applications for such grants are often complex and multifaceted. For many municipalities within New York, the cost of applying for such grants is too great, despite the fact that receipt of larger grants would prove strongly helpful for economic development and job growth.
In order to assist such small municipalities with applications for grants, this legislation would create a small-grants program for the explicit purpose of acting as "seed money" to support applications for larger grants. The state, through the Department of State, would provide such seed funding in small grants of no more than $5,000 per applicant, to allow for a municipality or county to afford the administrative costs in completing complex, large-scale applications.
As of SFY 2015-2016, the minimum amount of funds available for such applications under this bill would be approximately $70,000, though the total amount of funding would depend on yearly appropriations. In other words, the state could support at least 14 new grant applications, giving municipalities greater bandwidth to apply for and receive national funding to improve quality of life for local residents.
Legislative history
New
Fiscal implications
No new costs. All funds will be drawn from pre-existing appropriations and are otherwise contingent on yearly appropriations to the Department of State. EFFECTIVE DATE : This act shall take effect immediately, provided that no grants shall be provided until after the beginning of the next fiscal year after this act shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.