Bill Text: NY A04408 | 2015-2016 | General Assembly | Amended

New York Assembly Bill 4408 (Prior Session Legislation)

Bill Title: Recodifies the small business innovation research program within the New York state urban development corporation act; alters provisions under the small business innovation research program particularly as they affect Phase I award winners; prohibits arbitrary exclusion of technologies and companies; provides for matching of federal funds, to a certain extent.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Introduced - Dead) 2016-05-04 - reported referred to ways and means [A04408 Detail]

Download: New_York-2015-A04408-Amended.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                         4408--A
                               2015-2016 Regular Sessions
                   IN ASSEMBLY
                                    January 30, 2015
                                       ___________
        Introduced  by M. of A. SCHIMMINGER, MORELLE, LUPARDO -- Multi-Sponsored
          by -- M. of A.  COLTON, MAGNARELLI -- read once and  referred  to  the
          Committee  on  Small Business -- recommitted to the Committee on Small
          Business in accordance with Assembly  Rule  3,  sec.  2  --  committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee
        AN ACT to amend the New York state urban development corporation act, in
          relation  to  recodification of the small business innovation research
          program and the awards made thereunder within  the  urban  development
          corporation;  and  to  repeal section 3102-c of the public authorities
          law relating to the small business innovation research program
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1. Section 1 of chapter 174 of the laws of 1968, constituting
     2  the New York state urban development  corporation  act,  is  amended  by
     3  adding a new section 52 to read as follows:
     4    §  52.  Small business innovation research program. 1. As used in this
     5  section, the following terms have the following meanings:
     6    (a) "Small business innovation research program" or "SBIR" means  that
     7  program,  enacted  pursuant to the small business innovation development
     8  act of 1982 (P.L. 97-219), which provides funds to small  businesses  to
     9  conduct innovative research having commercial application.
    10    (b) "Small business" means a corporation, partnership, limited liabil-
    11  ity  company,  sole  proprietorship, or individual, operating a business
    12  for profit, with two hundred fifty employees or fewer, including employ-
    13  ees employed in any subsidiary or affiliated corporation or other  enti-
    14  ty, which otherwise meets the requirements of the federal small business
    15  innovation research program.
    16    2.  (a)  Within  thirty  days  of the public announcement of the small
    17  business innovation research program Phase I award winners by the appro-
    18  priate federal agency, the corporation shall contact all Phase  I  award
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00667-04-6