Senate Bill S225

2015-2016 Legislative Session

Relates to the innovation and commercialization functions of state universities

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Higher Education Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2015-S225 (ACTIVE) - Details

Current Committee:
Senate Higher Education
Law Section:
Education Law
Laws Affected:
Add §355-d, Ed L
Versions Introduced in Other Legislative Sessions:
2011-2012: S7093
2013-2014: S1654

2015-S225 (ACTIVE) - Summary

Relates to the innovation and commercialization functions of the state university.

2015-S225 (ACTIVE) - Sponsor Memo

2015-S225 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   225

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 7, 2015
                               ___________

Introduced  by  Sen. LAVALLE -- read twice and ordered printed, and when
  printed to be committed to the Committee on Higher Education

AN ACT to amend the education law, in relation  to  the  innovation  and
  commercialization functions of the state university

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The education law is amended by adding a new section  355-d
to read as follows:
  S 355-D. THE POWER AND DUTIES OF TRUSTEES - INNOVATION AND COMMERCIAL-
IZATION  FUNCTIONS.  1.  THE  TRUSTEES  ARE  AUTHORIZED TO ESTABLISH AND
SUPPORT THE NECESSARY PROGRAMS FOR THE RESEARCH, DEVELOPMENT AND COMMER-
CIALIZATION OF NEW TECHNOLOGIES WITHIN THE STATE UNIVERSITY  TO  BENEFIT
THE  PEOPLE OF THE STATE OF NEW YORK. SUCH PROGRAMS SHALL INCLUDE OPPOR-
TUNITIES FOR COLLABORATION AND COOPERATION WITH OTHER ACADEMIC  RESEARCH
INSTITUTIONS WHENEVER PRACTICABLE.
  2. STATE UNIVERSITY TECHNOLOGY ACCELERATOR FUND. (A) THE STATE UNIVER-
SITY TECHNOLOGY ACCELERATOR FUND IS HEREBY CREATED TO SUPPORT EFFORTS BY
INDIVIDUAL   RESEARCHERS  ON  STATE  UNIVERSITY  CAMPUSES  TO  TRANSFORM
RESEARCH DISCOVERIES INTO MARKETABLE TECHNOLOGIES, PRODUCTS OR PROCESSES
TO BE COMMERCIALIZED OR MANUFACTURED IN NEW YORK STATE.
  (B) THE TRUSTEES SHALL ESTABLISH A PEER-REVIEW PROCESS FOR THE PURPOSE
OF REVIEWING APPLICATIONS FOR AWARDS. AWARDS MAY BE USED  TO  BUILD  AND
TEST PROTOTYPES AND FOR OTHER COSTS AS DETERMINED BY THE STATE UNIVERSI-
TY ASSOCIATED WITH EARLY STAGES OF COMMERCIALIZATION.
  (C)  ANY  STATE FUNDS MADE AVAILABLE FOR THIS PROGRAM SHALL BE MATCHED
ON A ONE TO ONE (1:1) BASIS WITH NON-STATE FUNDS.
  (D) GRANTS SHALL NOT EXCEED ONE HUNDRED THOUSAND DOLLARS FOR ANY INDI-
VIDUAL AWARD, AND SHALL BE AWARDED ON AN ANNUAL BASIS.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00473-01-5

              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.