Bill Text: NY A02934 | 2009-2010 | General Assembly | Introduced
Bill Title: An act to amend the economic development law, in relation to providing matching funds for eligible applicants in regional marketing programs
Spectrum: Strong Partisan Bill (Democrat 15-1)
Status: (Engrossed - Dead) 2010-02-23 - REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS [A02934 Detail]
Download: New_York-2009-A02934-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 2934 2009-2010 Regular Sessions I N A S S E M B L Y January 21, 2009 ___________ Introduced by M. of A. SCHIMMINGER, MARKEY, DelMONTE -- Multi-Sponsored by -- M. of A. CHRISTENSEN, COOK, DESTITO, ESPAILLAT, GALEF, HOYT, KOLB, MAGEE, MAGNARELLI, McENENY, SWEENEY -- read once and referred to the Committee on Economic Development, Job Creation, Commerce and Industry AN ACT to amend the economic development law, in relation to providing matching funds for eligible applicants in regional marketing programs THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. The economic development law is amended by adding a new 2 article 12-A to read as follows: 3 ARTICLE 12-A 4 REGIONAL MARKETING PROGRAMS 5 SECTION 245. DEFINITIONS. 6 246. MATCHING FUNDS FOR ELIGIBLE APPLICANTS. 7 247. APPLICATION PROCESS. 8 248. PAYMENTS OF FUNDS TO ELIGIBLE APPLICANTS. 9 249. REPORTING REQUIREMENTS. 10 S 245. DEFINITIONS. AS USED IN THIS ARTICLE, UNLESS A DIFFERENT MEAN- 11 ING APPEARS FROM THE CONTEXT, THE FOLLOWING WORDS AND TERMS SHALL HAVE 12 THE FOLLOWING MEANINGS: 13 1. "ELIGIBLE APPLICANT" MEANS ANY NOT-FOR-PROFIT CORPORATION OR OTHER 14 NONPROFIT ORGANIZATION, ASSOCIATION, OR AGENCY THAT IS DESIGNATED BY 15 RESOLUTION OF THE SEVERAL COUNTY LEGISLATURES OR OTHER GOVERNING BODIES 16 OF COUNTIES WITHIN AN ECONOMIC DEVELOPMENT REGION OF THE STATE ESTAB- 17 LISHED PURSUANT TO SECTION TWO HUNDRED THIRTY OF THIS CHAPTER, OR UPON 18 THE DESIGNATION OF THE CITY COUNCIL OF THE CITY OF NEW YORK, AS AN AGEN- 19 CY AUTHORIZED TO MAKE APPLICATION FOR AND RECEIVE GRANTS FOR THE 20 PURPOSES SPECIFIED IN THIS ARTICLE. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03804-01-9 A. 2934 2 1 2. "RECOGNIZED ADVERTISING" MEANS MEDIA ADVERTISING AND PROMOTIONAL 2 MATERIALS TO BE BROADCAST, DISSEMINATED, OR OTHERWISE DISTRIBUTED IN 3 ACCORDANCE WITH A PLAN APPROVED BY THE COMMISSIONER. 4 3. "REGION" MEANS AN ECONOMIC DEVELOPMENT REGION OF THE STATE ESTAB- 5 LISHED PURSUANT TO SECTION TWO HUNDRED THIRTY OF THIS CHAPTER, AN INTER- 6 NATIONAL REGION, OR A MULTI-STATE REGION. 7 4. "REGIONAL MARKETING PROGRAM" MEANS THE USE OF MEDIA ADVERTISING AND 8 PROMOTIONAL MATERIALS FOR PURPOSES OF MARKETING: (A) THE NATURAL 9 RESOURCES, INFRASTRUCTURE, AND OTHER ATTRACTIONS OF A REGION WHICH ARE 10 NON-PROPRIETARY IN NATURE AND WHICH SERVE TO PROMOTE AND ENCOURAGE THE 11 LOCATION AND DEVELOPMENT OF NEW BUSINESSES WITHIN THE REGION; (B) 12 PRODUCTS MANUFACTURED BY STRATEGIC ALLIANCES OF BUSINESSES WITHIN A 13 REGION; AND (C) OTHER PRODUCTS MANUFACTURED IN ACCORDANCE WITH AN OFFI- 14 CIAL QUALITY CONTROL PROGRAM, WHICH MAY INCLUDE THE USE OF A LOGO-TYPE 15 OR SIMILAR ADVERTISING CONSTRUCT ESTABLISHED BY THE LEGISLATURE. 16 5. "STRATEGIC ALLIANCE" MEANS AN INFORMAL OR FORMAL ASSOCIATION OF 17 BUSINESSES IN A MANUFACTURING INDUSTRY ESTABLISHED FOR THE PURPOSE OF 18 SOLVING COMMON PROBLEMS AND ENGAGING IN COOPERATIVE ACTIVITIES AND THAT 19 IS CONSIDERED TO BE CRITICAL TO THE ECONOMY OF A REGION. 20 S 246. MATCHING FUNDS FOR ELIGIBLE APPLICANTS. 1. THE COMMISSIONER, IN 21 FURTHERANCE OF THE OBJECTIVES OF THE REGIONAL BUSINESS MARKETING 22 PROGRAM, IS AUTHORIZED TO MATCH FUNDS EXPENDED BY ELIGIBLE APPLICANTS 23 FOR THE PURPOSE OF IMPLEMENTATION OF REGIONAL MARKETING PROGRAMS AS 24 DEFINED IN SUBDIVISION FOUR OF SECTION TWO HUNDRED FORTY-FIVE OF THIS 25 ARTICLE; PROVIDED, HOWEVER, THAT: 26 (A) NO SUCH MATCHING FUNDS SHALL EXCEED THE SUM OF FIVE HUNDRED THOU- 27 SAND DOLLARS OR FIFTY PERCENT OF THE TOTAL COST OF IMPLEMENTATION OF THE 28 REGIONAL MARKETING PLAN, WHICHEVER IS LESS; 29 (B) NO SUCH MATCHING FUNDS SHALL BE USED FOR ADMINISTRATIVE COSTS, 30 INCLUDING SALARIES, ASSOCIATED WITH THE IMPLEMENTATION OF A REGIONAL 31 MARKETING PLAN; 32 (C) NO SUCH MATCHING FUNDS SHALL BE USED FOR THE DIRECT BENEFIT OF A 33 FOR-PROFIT BUSINESS UNLESS SUCH EXPENDITURE SHALL FURTHER A PUBLIC 34 PURPOSE AND HAVE A CLEAR, LONG-TERM BENEFIT TO THE REGIONAL ECONOMY. 35 2. THE COMMISSIONER IS AUTHORIZED TO MATCH FUNDS EXPENDED BY AN ELIGI- 36 BLE APPLICANT IF THE ELIGIBLE APPLICANT REPRESENTS ONE OR MORE COUNTIES, 37 BUT FEWER THAN EACH OF THE SEVERAL COUNTIES, IN A STATE ECONOMIC DEVEL- 38 OPMENT REGION. 39 S 247. APPLICATION PROCESS. 1. THE COMMISSIONER, UPON INVESTIGATION 40 AND RECEIPT OF CERTIFIED COPIES OF SUCH RESOLUTIONS AS MAY BE NECESSARY 41 TO SATISFY HIM OR HER THAT AN ELIGIBLE APPLICANT HAS BEEN DULY DESIG- 42 NATED TO REPRESENT A PARTICULAR REGION, SHALL RECOGNIZE SUCH ELIGIBLE 43 APPLICANT AS THE SOLE SUCH APPLICANT WITHIN SUCH REGION. IN THE EVENT 44 THAT EACH OF THE SEVERAL COUNTIES WITHIN A REGION IS UNABLE OR UNWILLING 45 TO DESIGNATE A SINGLE APPLICANT TO REPRESENT A PARTICULAR REGION, OR IS 46 UNABLE OR UNWILLING TO ENCUMBER FUNDS PURSUANT TO SECTION TWO HUNDRED 47 FORTY-EIGHT OF THIS ARTICLE, ONE OR MORE COUNTIES WITHIN A REGION MAY 48 DESIGNATE AN ELIGIBLE APPLICANT TO REPRESENT A PARTICULAR REGION. IN 49 REVIEWING SUCH APPLICATIONS, THE COMMISSIONER MAY SELECT FROM AMONG 50 COMPETING OR OVERLAPPING APPLICATIONS THE APPLICATION THAT THE COMMIS- 51 SIONER CONSIDERS TO BE OF GREATER BENEFIT TO A PARTICULAR REGION AND THE 52 WELFARE OF THE PEOPLE OF THE STATE. 53 2. THE COMMISSIONER IS AUTHORIZED TO ACCEPT AND SET REASONABLE DEAD- 54 LINES FOR THE SUBMISSION OF APPLICATIONS FOR EACH FISCAL YEAR COVERED BY 55 APPROPRIATIONS IN ORDER TO MATCH FUNDS EXPENDED BY ELIGIBLE APPLICANTS 56 FOR THE PURPOSE OF THE IMPLEMENTATION OF REGIONAL MARKETING PROGRAMS. IN A. 2934 3 1 REVIEWING AND SELECTING APPLICATIONS FROM ELIGIBLE APPLICANTS FOR 2 ASSISTANCE UNDER THIS PROGRAM, THE COMMISSIONER SHALL ENSURE THAT EACH 3 APPLICATION FOR SUCH FUNDS SHALL HAVE THEREIN SET FORTH THE SCHEDULE, 4 BUDGET, SCOPE, AND THEME OF THE PROPOSED REGIONAL MARKETING PROGRAM TO 5 BE UNDERTAKEN FOR THE PURPOSE OF ENCOURAGING AND STIMULATING BUSINESS 6 DEVELOPMENT AND ECONOMIC ACTIVITY WITHIN THE REGION OF THE STATE. 7 3. FOR THE PURPOSE OF PROMOTING INTERREGIONAL ECONOMIC DEVELOPMENT, 8 THE COMMISSIONER MAY APPROVE APPLICATIONS DULY SUBMITTED BY ONE OR MORE 9 COUNTIES IN EACH OF AT LEAST TWO STATE ECONOMIC DEVELOPMENT REGIONS. IN 10 APPROVING SUCH APPLICATIONS, THE COMMISSIONER SHALL DETERMINE THAT SUCH 11 APPLICATIONS ARE OF GREATER BENEFIT TO ONE OR MORE COUNTIES IN EACH OF 12 AT LEAST TWO REGIONS OF THE STATE AND TO THE WELFARE OF THE PEOPLE OF 13 THE STATE THAN APPLICATIONS SUBMITTED PURSUANT TO SUBDIVISION ONE OF 14 THIS SECTION. 15 4. NOTHING SHALL LIMIT AN ELIGIBLE APPLICANT FROM CREATING A REGIONAL 16 MARKETING PROGRAM WITH ANOTHER STATE, TERRITORY, PROTECTORATE, DEPENDEN- 17 CY, OR COUNTRY. 18 S 248. PAYMENTS OF FUNDS TO ELIGIBLE APPLICANTS. 1. UPON SUBMISSION 19 AND APPROVAL OF EACH APPLICATION AND THE AUTHORIZATION OF FUNDS BY THE 20 COMMISSIONER IN ACCORDANCE THEREWITH, THE COMMISSIONER SHALL GIVE NOTICE 21 TO THE ELIGIBLE APPLICANT OF SUCH APPROVAL AND AUTHORIZATION AND SHALL 22 DIRECT SUCH ELIGIBLE APPLICANT TO PROCEED WITH ITS PROPOSED BUSINESS 23 MARKETING PROGRAM AS DESCRIBED IN ITS APPLICATION. UPON THE FURNISHING 24 OF SATISFACTORY EVIDENCE TO THE DEPARTMENT THAT THE SEVERAL COUNTY 25 LEGISLATURES OR OTHER GOVERNING BODIES OF THE COUNTIES, OR THE CITY 26 COUNCIL OF THE CITY OF NEW YORK, IDENTIFIED IN THE APPLICATION HAVE 27 ENCUMBERED FUNDS IN THE AMOUNT COMMITTED AND APPROVED BY THE COMMISSION- 28 ER, THE STATE MATCHING FUNDS ALLOCATED TO SUCH ELIGIBLE APPLICANT SHALL 29 BE PAID, FROM THE FUNDS APPROPRIATED FOR SUCH PURPOSE, PURSUANT TO THIS 30 ARTICLE. ANY STATE FUNDS SO PAID MAY BE EXPENDED ONLY ON A MATCHING 31 BASIS AND ONLY WITHIN TWELVE MONTHS OF SUCH PAYMENT, UNLESS AN EXTENSION 32 OF TIME HAS BEEN REQUESTED AND, UPON SHOWING OF GOOD CAUSE, GRANTED BY 33 THE COMMISSIONER. 34 2. NO ADVERTISING OR MARKETING FUNDED FOR THE PURPOSES OF THIS ARTICLE 35 SHALL CONTAIN REFERENCE TO OR THE NAME OF ANY PUBLIC OFFICIAL OF THE 36 STATE OF NEW YORK OR ITS POLITICAL SUBDIVISIONS. "REFERENCE" INCLUDES 37 BUT IS NOT LIMITED TO PHOTOGRAPHS, DRAWINGS, CARICATURES, QUOTATIONS, 38 INVITATIONS, SIGNATURES, ENDORSEMENTS, OR SOUND OR VIDEO RECORDINGS. 39 3. ANY LOGOTYPE, SPECIAL PRINTING CHARACTERS, SLOGAN, OR LIKE DEVICE 40 DEVELOPED BY THE DEPARTMENT PURSUANT TO AN ADVERTISING CONSTRUCT ESTAB- 41 LISHED BY THE LEGISLATURE USED TO IDENTIFY PRODUCTS MANUFACTURED IN 42 ACCORDANCE WITH AN OFFICIAL QUALITY CONTROL PROGRAM AS PART OF A 43 REGIONAL BUSINESS MARKETING PROGRAM SHALL BECOME THE PROPERTY OF THE 44 STATE OF NEW YORK, AND ITS USE MAY BE SUBJECT TO ADDITIONAL REQUIRE- 45 MENTS, AS AND IF DEEMED NECESSARY BY THE LEGISLATURE. 46 S 249. REPORTING REQUIREMENTS. 1. IN ACCORDANCE WITH GENERALLY 47 ACCEPTED ACCOUNTING PRINCIPLES, EACH ELIGIBLE APPLICANT SHALL FURNISH AN 48 ANNUAL FINANCIAL STATEMENT TO THE COMMISSIONER. SUCH REPORTS SHALL BE 49 SUBMITTED ON OR BEFORE JANUARY FIRST OF EACH YEAR. 50 2. THE DEPARTMENT SHALL ANNUALLY, ON OR BEFORE MARCH FIRST, SUBMIT TO 51 THE GOVERNOR, THE TEMPORARY PRESIDENT OF THE SENATE, AND THE SPEAKER OF 52 THE ASSEMBLY A REPORT ON THE ACTIVITIES OF THE REGIONAL BUSINESS MARKET- 53 ING MATCHING FUNDS PROGRAM. SUCH REPORT SHALL INCLUDE A SUMMARY OF THE 54 FINANCIAL STATEMENTS RECEIVED BY THE DEPARTMENT FROM ELIGIBLE APPLI- 55 CANTS, A SUMMARY OF ACTIVITIES CONDUCTED BY ELIGIBLE APPLICANTS, AND 56 ANALYSES OF THE EFFECTIVENESS OF THE PROGRAM IN STIMULATING ECONOMIC A. 2934 4 1 GROWTH AND JOB CREATION. AS A PRODUCT OF SUCH ANALYSES, THE DEPARTMENT 2 SHALL COMPILE AND DISSEMINATE TO EACH ELIGIBLE APPLICANT A LIST AND 3 DESCRIPTION OF BEST PRACTICES IN ORDER TO FURTHER PROMOTE AND ENCOURAGE 4 THE LOCATION AND DEVELOPMENT OF NEW BUSINESSES IN THE STATE AND THE 5 EXPANSION AND DEVELOPMENT OF NEW MARKETS FOR NEW YORK PRODUCTS. 6 S 2. This act shall take effect immediately.