Bill Text: NY A08052 | 2019-2020 | General Assembly | Introduced

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Bill Title: Establishes a community business initiative to provide grants to postsecondary educational institutions for the development of a school-based incubator to train applicants in business education, financial literacy, and marketing in order to develop local businesses that contribute to the local economy and address community needs.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to higher education [A08052 Detail]

Download: New_York-2019-A08052-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          8052

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                      May 31, 2019
                                       ___________

        Introduced  by  M.  of  A.  SCHIMMINGER -- read once and referred to the
          Committee on Higher Education

        AN ACT to amend the education law, in relation to establishing a  commu-
          nity business initiative

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

     1    Section 1. The education law is amended by adding a new section  309-b
     2  to read as follows:
     3    §  309-b.  Community  business initiative. 1. For the purposes of this
     4  section "qualifying institution" shall mean postsecondary  providers  of
     5  career  education, vocational or technical education providers, continu-
     6  ing education adult schools, community colleges, or  workforce  training
     7  institutions.
     8    2.  Within  amounts  appropriated,  and upon application by qualifying
     9  institutions, the commissioner shall award grants equaling up  to  three
    10  hundred  thousand dollars per project in up to six counties of the state
    11  for three years for the development of a school-based incubator to train
    12  applicants in business education, financial literacy, and  marketing  in
    13  order  to  develop local businesses that contribute to the local economy
    14  and address community needs.
    15    3. The commissioner shall promulgate rules and regulations  to  imple-
    16  ment  the  community  business initiative to include, but not be limited
    17  to:
    18    (a) application processes for funds for  qualifying  institutions  and
    19  evaluation metrics that include, but are not limited to, the ability for
    20  initiatives  to  meet  local  needs  or  address  gaps in local business
    21  markets. Nothing within the application process shall preclude  qualify-
    22  ing  institutions from partnering with local chambers of commerce, small
    23  business groups, or local government to identify needs of the  community
    24  and establish collaborative applications;

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06824-01-9
        A. 8052                             2

     1    (b)  descriptions  of  qualifying  community business initiatives that
     2  include, but are not limited to, those that place an emphasis on  train-
     3  ing and employing older workers, minorities, and women, as well as those
     4  initiatives  that  are  targeted  at  servicing  high  risk populations,
     5  seniors, or the disabled;
     6    (c)  descriptions of business development curriculum including but not
     7  limited to, the development of business plans,  technological  training,
     8  production  efficiency, local dialogue and cooperation, and the utiliza-
     9  tion of local resources;
    10    (d) rules and regulations for the  establishment  of  community  busi-
    11  nesses  including, but not limited to, ownership and liability responsi-
    12  bilities for the qualifying institution and  participating  students  at
    13  all stages of the development process; and
    14    (e)  reporting  requirements  for the qualifying institutions to track
    15  participant involvement, expenditures, training effectiveness, and  best
    16  practices for curriculum targeted at local business development.
    17    4. The commissioner shall monitor implementation of programs, evaluate
    18  progress,  and require reports as needed. At the conclusion of the three
    19  year pilot period, the commissioner shall report to the speaker  of  the
    20  assembly,  the temporary president of the senate and post on the depart-
    21  ment website a report that includes a description of the chosen communi-
    22  ty business initiatives, best practices, identification of key  concerns
    23  and  recommendations for improvement as well as model workforce training
    24  curriculum and guidance for training and servicing the identified  popu-
    25  lations.
    26    § 2. This act shall take effect on the one hundred twentieth day after
    27  it shall have become a law.