Extends the self-employment assistance program.
TITLE OF BILL: An act to amend chapter 413 of the laws of 2003 amending the labor law relating to the self-employment assistance program and other matters, in relation to extending the effectiveness of certain provisions thereof
PURPOSE OF THE BILL: Extends to December 7, 2013 certain provisions relating to the establishment and operation of the state's Self-Employment Assistance Program (SEAP).
SUMMARY OF SPECIFIC PROVISIONS:
§ 1- Amends § 10 of Chapter 413 of the Laws of 2003 amending the Labor Law relating to the establishment and operation of the Self-Employment Assistance Program (SEAP) to extend the provision until December 7, 2013.
§ 2- Effective date.
JUSTIFICATION: The Self-Employment Assistance Program has been extremely successful in helping individuals who are likely to exhaust their regular unemployment insurance benefits to develop and establish small businesses in New York. Qualified individuals participate in a rigorous program that consists of specific benchmarks they must comply with in order to stay in the program. A participant must complete a minimum of twenty hours of entrepreneurial training, meet a minimum of two times with a certified business counselor, create a business plan and send periodic reports to their Department of Labor coordinator. The success of this program is evident. Over 4,000 jobs have been created and $16 million in state tax revenue has been generated at no cost to the state. In an ongoing effort to create and nourish job growth throughout the state, it is critical that the Self-Employment Assistance Program be extended to afford certain individuals collecting unemployment insurance benefits the opportunity to take advantage of this program.
PRIOR LEGISLATIVE HISTORY: Chapter 106 of the Laws of 2009 (A.6050/S.3707); Chapter 200 of the Laws of 2007 (A.7209/S.4080); Chapter 101 of the Laws of 2006 (A.3190/S.2785); Chapter 413 of the Laws of 2003 (A.3429A/S.2620-A); Chapter 626 of the Laws of 1998 (A.11079/S.7096-A); Chapter 596 of the Laws of 1994 (A.10868-A/S.7904-A).
FISCAL IMPLICATIONS: None.
EFFECTIVE DATE: This act shall take effect immediately.
STATE OF NEW YORK ________________________________________________________________________ 4953 2011-2012 Regular Sessions IN SENATE May 2, 2011 ___________Introduced by Sen. ALESI -- read twice and ordered printed, and when printed to be committed to the Committee on Labor AN ACT to amend chapter 413 of the laws of 2003 amending the labor law relating to the self-employment assistance program and other matters, in relation to extending the effectiveness of certain provisions ther- eof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 10 of chapter 413 of the laws of 2003 amending the labor law relating to the self-employment assistance program and other matters, as amended by chapter 106 of the laws of 2009, is amended to read as follows: S 10. This act shall take effect immediately; provided, however, that sections eight and nine of this act shall expire December 7,
2013 when upon such date the provisions of such sections shall be deemed repealed. S 2. This act shall take effect immediately.EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10656-01-1