Creates a computerized directory of technical and financial programs for small businesses and minority and women-owned business enterprises.
TITLE OF BILL: An act to amend the economic development law, in relation to creating a directory of technical and financial assistance programs for small businesses and minority and women owned business enterprises
PURPOSE OR GENERAL IDEA OF BILL: Creates a directory of assistance for small businesses and minority and women businesses enterprises.
SUMMARY OF SPECIFIC PROVISIONS:
Section 1 amends the economic development law by adding section 107 which directs the office of economic development to create and maintain a directory of programs available to minority and women-owned businesses. The directory shall be in an electronic format available to the public and shall be updated on a monthly basis. Directs the commissioner to adopt rules and regulations necessary for implementation.
Section 2 This act shall take effect immediately.
JUSTIFICATION: One consistent theme throughout the Governor's Small Business Initiative has been the need to improve small businesses' access to information about existing programs. This theme applies with equal force in the area of access to capital, where the committee felt that small businesses were not aware of many programs that already exist in the State that Provide small businesses with access to capital. This bill would Provide a directory for small businesses and minority and women owned businesses to turn to for information about relevant programs.
PRIOR LEGISLATIVE HISTORY: 2011-12: S.6498/A.8036 - Passed assembly/ Died in Commerce
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS: None.
EFFECTIVE DATE: This act shall take effect immediately.
STATE OF NEW YORK ________________________________________________________________________ 898 2013-2014 Regular Sessions IN SENATE (PREFILED) January 9, 2013 ___________Introduced by Sen. PARKER -- 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 creating a directory of technical and financial assistance programs for small businesses and minority and women owned business enterprises THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The economic development law is amended by adding a new section 107 to read as follows: S 107. DIRECTORY OF SMALL BUSINESS AND MINORITY AND WOMEN OWNED BUSI- NESS ENTERPRISE ASSISTANCE. 1. THE OFFICE SHALL CREATE AND MAINTAIN A REGISTRY OF STATE, FEDERAL, PRIVATE AND NON-PROFIT TECHNICAL AND FINAN- CIAL PROGRAMS AVAILABLE TO MINORITY AND WOMEN-OWNED BUSINESS ENTERPRISES AND SMALL BUSINESSES, GENERALLY. 2. THE OFFICE SHALL MAINTAIN THE FORMAT AND CONTENT OF SUCH REGISTRY ON A COMPUTERIZED DIRECTORY WHICH SHALL BE UPDATED AT LEAST MONTHLY AND SHALL PROVIDE A METHOD FOR WHICH REGISTRY INFORMATION MAY BE DELIVERED TO THE OFFICE ELECTRONICALLY. THE OFFICE SHALL PROVIDE PUBLIC ACCESS TO SUCH COMPUTERIZED DIRECTORY IN A MANNER THAT ALLOWS INDIVIDUALS TO SEARCH THE DIRECTORY BY NAME, DATE OR TYPE OF ASSISTANCE. 3. THE PROGRAMS LISTED SHALL BE DIVIDED INTO FINANCIAL AND TECHNICAL ASSISTANCE AND FURTHER DIVIDED INTO PROGRAMS AVAILABLE TO SMALL BUSI- NESSES GENERALLY AND DEDICATE A WEBPAGE OR DIRECTORY TO PROGRAMS APPLI- CABLE SOLELY TO MINORITY AND WOMEN OWNED BUSINESS ENTERPRISES. 4. EACH PROGRAM LISTED SHALL CONTAIN IDENTIFYING INFORMATION INCLUDING A PROGRAM DESCRIPTION, THE TYPE OF ASSISTANCE OFFERED, INSTRUCTIONS FOR APPLICATION TO SUCH PROGRAM, THE DEADLINE FOR SUCH APPLICATION, THE NAME, ADDRESS AND PHONE NUMBER OF A CONTACT PERSON AT SUCH STATE OR FEDERAL AGENCY OR PRIVATE FOUNDATION, AND IN THE CASE OF FINANCIALEXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02744-01-3 S. 898 2
ASSISTANCE THE AMOUNT OF SUCH ASSISTANCE AVAILABLE AND THE SOURCE OF FUNDS. 5. THE DIRECTORY CREATED BY THIS SECTION SHALL ALSO MAINTAIN A DIREC- TORY OF THE STATE AND FEDERAL AGENCIES, AS WELL AS THE NAME, ADDRESS AND PHONE NUMBER OF A CONTACT PERSON AT SUCH AGENCY. 6. THE DIRECTORY CREATED BY THIS SECTION SHALL ALSO MAINTAIN CENSUS DATA FROM THE MOST RECENT UNITED STATES CENSUS. 7. THE COMMISSIONER SHALL ADOPT RULES AND REGULATIONS TO IMPLEMENT THIS SECTION. 8. THE DIRECTORY CREATED BY THIS SECTION SHALL BE PUBLICLY ACCESSIBLE WITHIN ONE YEAR AFTER THE EFFECTIVE DATE OF THIS SECTION. S 2. This act shall take effect immediately.