Bill Text: NY S00088 | 2015-2016 | General Assembly | Amended

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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 (Republican 1-0)

Status: (Introduced - Dead) 2016-01-11 - PRINT NUMBER 88A [S00088 Detail]

Download: New_York-2015-S00088-Amended.html

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                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