STATE OF NEW YORK
________________________________________________________________________
1410
2023-2024 Regular Sessions
IN ASSEMBLY
January 17, 2023
___________
Introduced by M. of A. EPSTEIN -- read once and referred to the Commit-
tee on Economic Development
AN ACT to amend chapter 174 of the laws of 1968, constituting the New
York state urban development corporation act, in relation to provid-
ing an exception to qualification for the small business seed funding
grant program
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph (ii) of subdivision 4 of section 16-gg of section
2 1 of chapter 174 of the laws of 1968, constituting the New York state
3 urban development corporation act, as added by section 1 of part CC of
4 chapter 58 of the laws of 2022, is amended to read as follows:
5 (ii) be a currently viable micro-business, small business, for-profit
6 arts and cultural organization including independent arts contractors
7 that (A) except for independent arts contractors, started business on
8 September 1, 2018 or later and (B) has been operational for at least six
9 months before an application is submitted;
10 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02651-01-3
