Bill Text: NY A04375 | 2019-2020 | General Assembly | Introduced


Bill Title: Authorizes the development and implementation of an online tracking system for loans and grants by the department of economic development, in conjunction with the empire state development corporation and the urban development corporation; further provides for an email notification system for individuals and companies for electronic notification of grants, loans, policy changes and other general information.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2020-07-13 - held for consideration in economic development [A04375 Detail]

Download: New_York-2019-A04375-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          4375
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    February 4, 2019
                                       ___________
        Introduced by M. of A. MONTESANO, LALOR -- read once and referred to the
          Committee on Economic Development
        AN  ACT to amend the economic development law, in relation to developing
          an online tracking system for loans and grants
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Subdivision 47 of section 100 of the economic development
     2  law, as renumbered by chapter 427 of the laws  of  2008,  is  renumbered
     3  subdivision 48 and a new subdivision 47 is added to read as follows:
     4    47.  to  develop  and  implement, in conjunction with the empire state
     5  development corporation and the urban development corporation, an online
     6  tracking system for loans and grants administered through  each  respec-
     7  tive  entity. An email notification system through which individuals and
     8  companies can sign up for  electronic  notification  of  grants,  loans,
     9  policy  changes and other general information shall also be made readily
    10  available to the public.
    11    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08272-01-9
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