Bill Text: NY S04575 | 2019-2020 | General Assembly | Introduced


Bill Title: Establishes a program to provide education and training to individuals fifty years of age and older regarding the transition to an entrepreneur and small business developer.

Spectrum: Partisan Bill (Democrat 7-0)

Status: (Vetoed) 2019-11-25 - tabled [S04575 Detail]

Download: New_York-2019-S04575-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          4575
                               2019-2020 Regular Sessions
                    IN SENATE
                                     March 15, 2019
                                       ___________
        Introduced  by  Sen.  MAY  --  read  twice and ordered printed, and when
          printed to be committed to the Committee on Commerce, Economic  Devel-
          opment and Small Business
        AN  ACT to amend the economic development law, in relation to establish-
          ing a program to provide education and training to  individuals  fifty
          years of age and older regarding the transition to an entrepreneur and
          small business developer
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Subdivision 47 of section 100 of the  economic  development
     2  law  is  renumbered  subdivision 48 and a new subdivision 47 is added to
     3  read as follows:
     4    47. to develop and implement a program to provide education and train-
     5  ing to individuals fifty years of age and older regarding the transition
     6  from a current job, retirement or other life status to  an  entrepreneur
     7  and  small business developer. Such education and training program shall
     8  be available in each economic development region  of  the  state  estab-
     9  lished  in  article  eleven  of  this  chapter, and shall be designed to
    10  encourage and increase participation by such individuals in the develop-
    11  ment of small businesses in  this  state,  as  defined  in  section  one
    12  hundred  thirty-one of this chapter. Information regarding such training
    13  program shall be made available on the official website of  the  depart-
    14  ment.
    15    §  2.  This  act shall take effect on the ninetieth day after it shall
    16  have become a law. Effective immediately, the addition, amendment and/or
    17  repeal of any rule or regulation necessary  for  the  implementation  of
    18  this  act  on its effective date are authorized to be made and completed
    19  on or before such date.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10777-01-9
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