STATE OF NEW YORK ________________________________________________________________________ 88--A 2015-2016 Regular Sessions IN SENATE (Prefiled) January 7, 2015 ___________ Introduced by Sen. GALLIVAN -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions -- recommitted to the Committee on Corporations, Authorities and Commissions in accordance with Senate Rule 6, sec. 8 -- 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- EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00667-02-6