A08900 Summary:

BILL NOA08900A
 
SAME ASNo same as
 
SPONSORPichardo (MS)
 
COSPNSRCrespo, Robinson, Scarborough, Buchwald, Sepulveda, Santabarbara
 
MLTSPNSRGoodell, Heastie, Simanowitz, Skartados, Solages, Sweeney, Thiele, Weisenberg
 
Add S16-x, UDC Act
 
Provides small businesses with grants of up to $100,000 to commercialize energy and environmental technology innovations and ideas in-state to stimulate economic development.
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A08900 Actions:

BILL NOA08900A
 
02/27/2014referred to small business
03/19/2014reported referred to ways and means
05/05/2014amend and recommit to ways and means
05/05/2014print number 8900a
05/13/2014reported
05/15/2014advanced to third reading cal.709
05/27/2014passed assembly
05/27/2014delivered to senate
05/27/2014REFERRED TO ENERGY AND TELECOMMUNICATIONS
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A08900 Floor Votes:

DATE:05/27/2014Assembly Vote  YEA/NAY: 131/0
Yes
Abbate
Yes
Curran
Yes
Hawley
ER
Markey
Yes
Quart
Yes
Steck
ER
Abinanti
Yes
Cusick
Yes
Heastie
Yes
Mayer
Yes
Ra
Yes
Stirpe
Yes
Arroyo
Yes
Cymbrowitz
Yes
Hennessey
Yes
McDonald
Yes
Raia
Yes
Sweeney
Yes
Aubry
Yes
Davila
Yes
Hevesi
Yes
McDonough
Yes
Ramos
Yes
Tedisco
Yes
Barclay
ER
DenDekker
Yes
Hikind
Yes
McKevitt
Yes
Rivera
Yes
Tenney
Yes
Barrett
Yes
Dinowitz
Yes
Hooper
Yes
McLaughlin
Yes
Roberts
Yes
Thiele
Yes
Benedetto
Yes
DiPietro
Yes
Jacobs
ER
Miller
ER
Robinson
Yes
Titone
Yes
Blankenbush
Yes
Duprey
Yes
Jaffee
Yes
Millman
ER
Rodriguez
Yes
Titus
Yes
Borelli
Yes
Englebright
Yes
Johns
Yes
Montesano
Yes
Rosa
Yes
Walter
Yes
Braunstein
Yes
Fahy
Yes
Katz
Yes
Morelle
Yes
Rosenthal
Yes
Weinstein
Yes
Brennan
Yes
Farrell
Yes
Kavanagh
Yes
Mosley
Yes
Rozic
ER
Weisenberg
Yes
Brindisi
Yes
Finch
Yes
Kearns
Yes
Moya
Yes
Russell
Yes
Weprin
Yes
Bronson
Yes
Fitzpatrick
AB
Kellner
Yes
Nojay
Yes
Ryan
Yes
Wright
Yes
Brook-Krasny
Yes
Friend
Yes
Kim
Yes
Nolan
Yes
Saladino
Yes
Zebrowski
Yes
Buchwald
Yes
Galef
Yes
Kolb
Yes
Oaks
Yes
Santabarbara
Yes
Mr. Speaker
Yes
Butler
Yes
Gantt
Yes
Lalor
Yes
O'Donnell
Yes
Scarborough
Yes
Cahill
Yes
Garbarino
Yes
Lavine
AB
Ortiz
Yes
Schimel
Yes
Camara
Yes
Giglio
Yes
Lentol
Yes
Otis
Yes
Schimminger
Yes
Ceretto
Yes
Gjonaj
Yes
Lifton
Yes
Palmesano
Yes
Sepulveda
Yes
Clark
Yes
Glick
Yes
Lopez
Yes
Palumbo
Yes
Simanowitz
Yes
Colton
Yes
Goldfeder
Yes
Lupardo
Yes
Paulin
Yes
Simotas
Yes
Cook
Yes
Goodell
Yes
Lupinacci
Yes
Peoples-Stokes
Yes
Skartados
Yes
Corwin
Yes
Gottfried
Yes
Magee
Yes
Perry
Yes
Skoufis
Yes
Crespo
Yes
Graf
Yes
Magnarelli
Yes
Pichardo
Yes
Solages
Yes
Crouch
Yes
Gunther
Yes
Malliotakis
Yes
Pretlow
Yes
Stec

‡ Indicates voting via videoconference
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A08900 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         8900--A
 
                   IN ASSEMBLY
 
                                    February 27, 2014
                                       ___________
 
        Introduced   by  M.  of  A.  PICHARDO,  CRESPO,  ROBINSON,  SCARBOROUGH,
          BUCHWALD, SEPULVEDA -- Multi-Sponsored by -- M. of A.  HEASTIE,  SIMA-
          NOWITZ,  SKARTADOS,  SOLAGES, SWEENEY, THIELE, WEISENBERG -- read once
          and referred to the  Committee  on  Small  Business  --  reported  and
          referred  to  the Committee on Ways and Means -- 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 creating the New York state innovative energy and environ-
          mental technology program
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1.  Legislative  intent.  The  legislature  hereby  finds  and
     2  declares  that  the success of innovative energy and environmental tech-
     3  nology-oriented businesses with growth potential  is  essential  to  the
     4  continued  economic health and security of New York state. It is further
     5  found that the development of new products to assist  mature  industries
     6  undergoing  dramatic changes or facing increasing international competi-

     7  tion with reducing energy costs and complying with  environmental  regu-
     8  lations,  can  serve to retain, and even increase, employment.  However,
     9  commercialization of these products  is  restrained  as  numerous  small
    10  businesses are limited by lack of early stage financing.
    11    Therefore,  the  legislature seeks to provide early stage funds, via a
    12  grants program, to stimulate the creation of a substantial number of new
    13  businesses and jobs in the energy and environmental sector.
    14    § 2. Section 1 of chapter 174 of the laws of  1968,  constituting  the
    15  New York state urban development corporation act, is amended by adding a
    16  new section 16-x to read as follows:
    17    §  16-x. New York state innovative energy and environmental technology
    18  program. 1. Definitions. As used in this section,  the  following  words

    19  and terms shall have the following meanings:
    20    (a)  "Innovative  energy  technologies" shall mean all methods used to
    21  produce, distribute, conserve and store energy  by  methods  which  have
    22  significant  potential for commercialization, with emphasis on renewable
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02297-12-4

        A. 8900--A                          2
 
     1  energy sources including, but not limited to, solar, wind,  fuel  cells,
     2  advanced hydroelectric, and biomass power conversion technologies.
     3    (b)  "Innovative  environmental  technologies" shall mean technologies

     4  that advance sustainable development by reducing risk,  enhancing  cost-
     5  effectiveness,  improving  process efficiency, and creating products and
     6  processes that are environmentally beneficial or benign and  which  have
     7  significant  potential  for  commercialization.  Emerging  environmental
     8  technologies include, but are not  limited  to:  air,  water,  and  soil
     9  pollution  control;  solid and toxic waste management; site remediation;
    10  and environmental monitoring and recycling.
    11    (c) "Small businesses" shall mean an independently owned and  operated
    12  business  that  meets all of the following conditions: (i) headquartered
    13  in the state, and principal business operations located  in  the  state;

    14  (ii)  employs  one  hundred  or less persons, eighty percent of whom are
    15  employed within the state on a full-time basis; and  (iii)  involved  in
    16  developing innovative energy and environmental technologies.
    17    (d)  "Eligible costs" shall mean costs associated with working capital
    18  needs, the acquisition or upgrading of equipment, or leasehold  improve-
    19  ments necessary for commercialization of the product, device, technique,
    20  system  or  process; provided that no other source of funds is available
    21  under terms, interest rates, or other conditions that  would  allow  the
    22  project  to proceed successfully. Eligible costs shall exclude any costs
    23  incurred prior to the effective date of this section.

    24    2. The corporation is authorized, within available  appropriations  in
    25  the  empire  state  economic  development  fund  established pursuant to
    26  section sixteen-m of this act or from any other funds  appropriated  for
    27  the  purpose  set  out in this section, to award capital grants of up to
    28  one hundred thousand dollars to small businesses,  for  the  purpose  of
    29  encouraging and supporting innovative energy and environmental technolo-
    30  gy development and commercialization across the state. Such grants shall
    31  be  awarded on a competitive basis to small business applicants respond-
    32  ing to requests for proposals issued by the corporation.
    33    3. Grants and contracts made  by  the  corporation  pursuant  to  this
    34  section shall be subject to the following:

    35    (a) grants shall not exceed one hundred thousand dollars per year;
    36    (b) the corporation may not enter into more than one grant per year to
    37  a small business; and
    38    (c)  grants  provided by the corporation may only be used for eligible
    39  costs.
    40    4.  Applications  for  grants  authorized  under  this  section  shall
    41  describe  the  product, device, technique, system or process which is to
    42  be developed, including:
    43    (a) a market assessment;
    44    (b) an explanation of its technical value;
    45    (c) measurable outcomes  resulting  from  its  manufacture  and  sale,
    46  including  the  estimated  number of jobs to be created and retained and
    47  the salary levels of such jobs;

    48    (d) an estimated timeline for bringing it  to  market,  with  proposed
    49  starting and completion dates and benchmarks; and
    50    (e)  a budget for its development and marketing that describes how the
    51  grant will be used, why the grant from the corporation is essential  and
    52  cannot  be obtained from other sources, and sources and amounts of other
    53  funds to be used in its development, marketing and distribution.
    54    5. The corporation shall, in consultation  with  the  New  York  state
    55  energy research and development authority and the department of environ-

        A. 8900--A                          3
 
     1  mental  conservation,  develop  criteria  to be used in evaluating grant
     2  applications. Such criteria shall include, but not be limited to:

     3    (a)  economic impact as measured by such variables as potential reven-
     4  ue, job creation, effect on the local economy,  global  competitiveness,
     5  and, purchases from in-state suppliers;
     6    (b) ability of the applicant to leverage other funds;
     7    (c) financial commitment of the applicant;
     8    (d) technical feasibility;
     9    (e)  likelihood  that  the economic benefits will be manifest within a
    10  six- to twelve-month period, but at most within three years; and
    11    (f) likelihood of the product, device, technique, system or process to
    12  result in improvements to public health, quality of life,  the  environ-
    13  ment, human or business performance or economic productivity.
    14    6.  The  corporation shall, on or before September first, two thousand

    15  sixteen and annually thereafter, submit a report to  the  governor,  the
    16  temporary  president  of  the senate and the senate minority leader, the
    17  speaker of the assembly, and the minority leader of  the  assembly,  the
    18  chairpersons  of  the senate finance committee and the assembly ways and
    19  means committee, and to any other member of the  legislature  requesting
    20  such  reports  on  the effectiveness and accomplishments of the New York
    21  state innovative energy and  environmental  technology  grants  program.
    22  Such  report shall include for each grant awarded, the name and location
    23  of the recipient, a  description  of  the  product,  device,  technique,
    24  system or process being commercialized, the amount and use of the grant,

    25  the  total  project  cost,  the impact of the project on the recipient's
    26  business, the number of jobs created or retained, and such other  infor-
    27  mation as the corporation shall deem appropriate.
    28    7.  Nothing  in this section shall require the corporation to disclose
    29  any matters involving confidential intellectual property or  work  prod-
    30  uct,  whether  patentable  or not, including any formula, plan, pattern,
    31  process, tool, mechanism, compound, procedure, production data or compi-
    32  lation of information, which is not patented, but which is known only to
    33  certain individuals who are using it to fabricate, produce  or  compound
    34  an  article  of trade or service having commercial value and which gives

    35  its user an opportunity to obtain a business advantage over  competitors
    36  who do not know it or use it.
    37    § 3. This act shall take effect immediately.
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