Bill Text: NY S05238 | 2021-2022 | General Assembly | Introduced

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Bill Title: Enacts the marketing and expanding export trade - New York act to provide assistance to export trade development projects designed to encourage and assist businesses, industrial firms or industry groups to engage in export trade regionally and globally, and to coordinate other state economic development programs with such projects.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2022-05-25 - SUBSTITUTED BY A1177 [S05238 Detail]

Download: New_York-2021-S05238-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          5238

                               2021-2022 Regular Sessions

                    IN SENATE

                                    February 26, 2021
                                       ___________

        Introduced  by  Sen.  KAPLAN -- read twice and ordered printed, and when
          printed to be committed to the Committee on Corporations,  Authorities
          and Commissions

        AN ACT to amend the New York state urban development corporation act, in
          relation to marketing and expanding export trade

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Short title. This act shall be known and may  be  cited  as
     2  the  "marketing  and  expanding export trade - New York act" or "MEET-NY
     3  act".
     4    §  2.  Legislative  intent.  Participation  in  the  fast-paced    and
     5  intensely  competitive   global marketplace by New York state businesses
     6  is critical for the  long  term  economic  stability   of   the   state.
     7  Several  barriers  exist, however, for businesses seeking to expand into
     8  or enter in the export market. Businesses, especially small  and  medium
     9  businesses  are  often  overlooked  as  potential exporters of goods and
    10  services thus information to begin and maintain  an  export  program  is
    11  therefore  not targeted to them.  Businesses need support in the form of
    12  updated information, technical expertise and to  develop  working  alli-
    13  ances  to  position  themselves  to  maximize trade potential with other
    14  countries, states and regionally within New York state. The state cannot
    15  remain static if it is to grow, and  it  must  develop  a  comprehensive
    16  strategy  to encourage and assist all businesses to realize the promises
    17  of expanded international, inter-state and intra-state trade.
    18    § 3. Section 1 of chapter 174 of the laws of 1968,   constituting  the
    19  New York state urban development corporation act, is amended by adding a
    20  new section 16-bb to read as follows:
    21    § 16-bb. Marketing and expanding export trade - New York (MEET-NY). 1.
    22  The corporation is hereby authorized, using available appropriations, to
    23  provide  assistance  to  export  trade  development projects designed to
    24  encourage and assist businesses, industrial firms or industry groups  to

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02192-01-1
        S. 5238                             2

     1  engage  in export trade regionally and globally, and to coordinate other
     2  state economic development programs with such projects.
     3    2.  The corporation shall develop a comprehensive export trade program
     4  that seeks to market and expand export trade by New  York  manufacturing
     5  and  service-orientated  businesses  internationally,  inter-state,  and
     6  intra-state.  The marketing and expanding export trade programs would be
     7  required to, but not be limited to,  (a)    initiate    and    encourage
     8  export  opportunities  that market and promote the products and services
     9  that  are grown,  made, processed or manufactured in New  York  interna-
    10  tionally, to other states or within other regions of New York state; (b)
    11  promote  coordinated  business access to warehouses, freight transporta-
    12  tion and other transportation logistics that  work  to  maximize  export
    13  opportunities  for  New York state businesses; (c) assist New York state
    14  businesses by developing online state and regional directories for busi-
    15  ness export assistance, including strategic   financial information  and
    16  assistance, such as access to capital, shared freight and transportation
    17  logistics  that  are  essential  to the growth of  business exports; (d)
    18  provide technical guidance for international trade;  and  (e)  encourage
    19  and promote job  development  within  the state.
    20    § 4. This act shall take effect immediately.