- Summary
- Actions
- Committee Votes
- Floor Votes
- Memo
- Text
- LFIN
- Chamber Video/Transcript
S07299 Summary:
BILL NO | S07299 |
  | |
SAME AS | SAME AS A08935 |
  | |
SPONSOR | LAVALLE |
  | |
COSPNSR | PHILLIPS |
  | |
MLTSPNSR | |
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Amd §§16-a, 16-c, 16-d & 16-t, UDC Act (as proposed in S. 4046 and A. 4253) | |
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Authorizes the empire state development corporation to administer several revolving loan fund (RLF) programs in a manner consistent with how the small business revolving loan fund is administered. |
S07299 Actions:
BILL NO | S07299 | |||||||||||||||||||||||||||||||||||||||||||||||||
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01/05/2018 | REFERRED TO RULES | |||||||||||||||||||||||||||||||||||||||||||||||||
01/08/2018 | ORDERED TO THIRD READING CAL.27 | |||||||||||||||||||||||||||||||||||||||||||||||||
02/06/2018 | PASSED SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
02/06/2018 | DELIVERED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
02/06/2018 | referred to small business | |||||||||||||||||||||||||||||||||||||||||||||||||
05/22/2018 | substituted for a8935 | |||||||||||||||||||||||||||||||||||||||||||||||||
05/22/2018 | ordered to third reading cal.879 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2018 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2018 | returned to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
11/27/2018 | DELIVERED TO GOVERNOR | |||||||||||||||||||||||||||||||||||||||||||||||||
12/07/2018 | SIGNED CHAP.378 |
S07299 Committee Votes:
Go to topS07299 Floor Votes:
Yes
Abbate
Yes
Cook
No
Garbarino
Yes
Lupardo
Yes
Pellegrino
No
Stec
Yes
Abinanti
Yes
Crespo
No
Giglio
Yes
Magee
Yes
Peoples-Stokes
Yes
Steck
Yes
Arroyo
No
Crouch
Yes
Glick
Yes
Magnarelli
Yes
Perry
Yes
Stern
No
Ashby
No
Curran
No
Goodell
No
Malliotakis
Yes
Pheffer Amato
Yes
Stirpe
Yes
Aubry
Yes
Cusick
Yes
Gottfried
Yes
McDonald
Yes
Pichardo
No
Tague
No
Barclay
Yes
Cymbrowitz
Yes
Gunther
No
McDonough
Yes
Pretlow
Yes
Taylor
Yes
Barnwell
Yes
Davila
No
Hawley
No
Mikulin
No
Quart
Yes
Thiele
Yes
Barrett
Yes
De La Rosa
Yes
Hevesi
No
Miller B
No
Ra
Yes
Titone
Yes
Barron
Yes
DenDekker
Yes
Hikind
Yes
Miller MG
No
Raia
Yes
Titus
Yes
Benedetto
Yes
Dickens
Yes
Hooper
No
Miller ML
Yes
Ramos
Yes
Vanel
Yes
Bichotte
Yes
Dilan
Yes
Hunter
ER
Montesano
Yes
Richardson
Yes
Walker
No
Blake
Yes
Dinowitz
Yes
Hyndman
Yes
Morelle
Yes
Rivera
Yes
Wallace
No
Blankenbush
No
DiPietro
Yes
Jaffee
No
Morinello
Yes
Rodriguez
No
Walsh
No
Bohen
Yes
D'Urso
Yes
Jean-Pierre
Yes
Mosley
Yes
Rosenthal D
No
Walter
Yes
Brabenec
Yes
Englebright
Yes
Jenne
No
Murray
Yes
Rosenthal L
Yes
Weinstein
Yes
Braunstein
Yes
Epstein
No
Johns
Yes
Niou
Yes
Rozic
Yes
Weprin
Yes
Brindisi
No
Errigo
Yes
Jones
Yes
Nolan
Yes
Ryan
Yes
Williams
Yes
Bronson
Yes
Espinal
Yes
Joyner
No
Norris
No
Santabarbara
Yes
Woerner
Yes
Buchwald
Yes
Fahy
Yes
Kim
No
Oaks
Yes
Schimminger
Yes
Wright
No
Butler
Yes
Fernandez
No
Kolb
Yes
O'Donnell
Yes
Seawright
Yes
Zebrowski
No
Byrne
No
Finch
ER
Lalor
Yes
Ortiz
Yes
Simon
Yes
Mr. Speaker
Yes
Cahill
No
Fitzpatrick
Yes
Lavine
Yes
Otis
Yes
Simotas
Yes
Carroll
No
Friend
No
Lawrence
No
Palmesano
No
Skoufis
No
Castorina
Yes
Galef
Yes
Lentol
No
Palumbo
No
Smith
Yes
Colton
ER
Gantt
Yes
Lifton
Yes
Paulin
Yes
Solages
‡ Indicates voting via videoconference
S07299 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 7299 IN SENATE January 5, 2018 ___________ Introduced by Sen. LAVALLE -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the New York state urban development corporation act, in relation to the regional revolving loan program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 20 of section 16-a of section 1 of chapter 174 2 of the laws of 1968, constituting the New York state urban development 3 corporation act, as amended by a chapter of the laws of 2017, amending 4 the New York state urban development corporation act relating to the 5 regional revolving loan program, as proposed in legislative bill numbers 6 S. 4046 and A. 4253, is amended to read as follows: 7 (20) Reporting. (a) The lending organization shall submit to the 8 corporation annual reports stating: the number of program loans made; 9 the amount of program funding used for loans; the use of loan proceeds 10 by the borrower; the number of jobs created or retained; [a description11of the economic development generated;] the status of each outstanding 12 program loan, including fund balance; and such other information as the 13 corporation may require. 14 (b) The corporation shall, on or before October 1, 1988 and on or 15 before each October first thereafter, submit a report to the governor 16 and the legislature on the operations and accomplishments of the 17 regional revolving loan program. Such report shall include a summary of 18 the information contained in the reports submitted pursuant to subdivi- 19 sion sixteen of this section and of the results of the audits performed 20 by the corporation pursuant to subdivision nineteen of this section, and 21 shall set forth the status of the regional revolving loan program for 22 the previous fiscal year, including grants to the regional corporations, 23 earnings and account balances as reported to the corporation. The report 24 to be submitted on October 1, 2005 and on or before each October first 25 thereafter shall be consolidated with the annual program report of the 26 corporation required under the provisions of subdivision (b) of section 27 thirty of this act, as amended. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD04124-02-8S. 7299 2 1 (c) Beginning [January] April 1, [2018] 2019, [notwithstanding any law2to the contrary,] the corporation shall publish on its website the 3 information contained in the annual reports required under paragraphs 4 (a) and (b) of this subdivision in aggregate form omitting borrower 5 identifiable information. 6 § 2. Subparagraphs (i) and (ii) of paragraph (i) of subdivision 2 of 7 section 16-c of section 1 of chapter 174 of the laws of 1968, constitut- 8 ing the New York state urban development corporation act, as added by a 9 chapter of the laws of 2017, amending the New York state urban develop- 10 ment corporation act relating to the regional revolving loan program, as 11 proposed in legislative bill numbers S. 4046 and A. 4253, are amended to 12 read as follows: 13 (i) The lending organization shall submit to the corporation annual 14 reports stating: the number of program loans made; the amount of program 15 funding used for loans; the use of loan proceeds by the borrower; the 16 number of jobs created or retained; [a description of the economic17development generated;] the status of each outstanding program loan, 18 including fund balance; and such other information as the corporation 19 may require. 20 (ii) Beginning [January] April 1, [2018] 2019, [notwithstanding any21law to the contrary,] the corporation shall publish on its website the 22 information contained in the annual reports required under subparagraph 23 (i) of this paragraph in aggregate form omitting borrower identifiable 24 information. 25 § 3. Paragraph (e) of subdivision 3 of section 16-c of section 1 of 26 chapter 174 of the laws of 1968, constituting the New York state urban 27 development corporation act, as added by a chapter of the laws of 2017, 28 amending the New York state urban development corporation act relating 29 to the regional revolving loan program, as proposed in legislative bill 30 numbers S. 4046 and A. 4253, is amended to read as follows: 31 (e)(i) The lending organization shall submit to the corporation annual 32 reports stating: the number of program loans made; the amount of program 33 funding used for loans; the use of loan proceeds by the borrower; the 34 number of jobs created or retained; [a description of the economic35development generated;] the status of each outstanding program loan, 36 including fund balance; and such other information as the corporation 37 may require. 38 (ii) Beginning [January] April 1, [2018] 2019, [notwithstanding any39law to the contrary,] the corporation shall publish on its website the 40 information contained in the annual reports required under subparagraph 41 (i) of this paragraph in aggregate form omitting borrower identifiable 42 information. 43 § 4. Paragraph (c) of subdivision 14 of section 16-d of section 1 of 44 chapter 174 of the laws of 1968, constituting the New York state urban 45 development corporation act, as added by a chapter of the laws of 2017, 46 amending the New York state urban development corporation act relating 47 to the regional revolving loan program, as proposed in legislative bill 48 numbers S. 4046 and A. 4253, is amended to read as follows: 49 (c) (i) The lending organization shall submit to the corporation annu- 50 al reports stating: the number of program loans made; the amount of 51 program funding used for loans; the use of loan proceeds by the borrow- 52 er; the number of jobs created or retained; [a description of the53economic development generated;] the status of each outstanding program 54 loan, including fund balance; and such other information as the corpo- 55 ration may require.S. 7299 3 1 (ii) Beginning [January] April 1, [2018] 2019, [notwithstanding any2law to the contrary,] the corporation shall publish on its website the 3 information contained in the annual reports required under this para- 4 graph and paragraphs (a) and (b) of this subdivision in aggregate form 5 omitting borrower identifiable information. 6 § 5. Subdivisions 14 and 14-a of section 16-t of section 1 of chapter 7 174 of the laws of 1968, constituting the New York state urban develop- 8 ment corporation act, subdivision 14 as amended and subdivision 14-a as 9 added by a chapter of the laws of 2017, amending the New York state 10 urban development corporation act relating to the regional revolving 11 loan program, as proposed in legislative bill numbers S. 4046 and A. 12 4253, are amended to read as follows: 13 14. The lending organization shall submit to the corporation annual 14 reports stating: the number of program loans made; the amount of program 15 funding used for loans; the use of loan proceeds by the borrower; the 16 number of jobs created or retained; [a description of the economic17development generated;] the status of each outstanding program loan, 18 including fund balance; and such other information as the corporation 19 may require. 20 14-a. Beginning [January] April 1, [2018] 2019, [notwithstanding any21law to the contrary,] the corporation shall publish on its website the 22 information contained in the annual reports required under subdivision 23 fourteen of this section in aggregate form omitting borrower identifi- 24 able information. 25 § 6. This act shall take effect on the same date and in the same 26 manner as a chapter of the laws of 2017, amending the New York state 27 urban development corporation act relating to the regional revolving 28 loan program, as proposed in legislative bill numbers S. 4046 and A. 29 4253, takes effect.