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NY A04124
Bill
Status
2/1/2017
Primary Sponsor
Fred Thiele
Click for details
AI Summary
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Establishes a Micro Business Outreach Center Assistance Program within the Department of Economic Development to provide technical and financial assistance to micro businesses with fewer than five employees.
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Authorizes the Department to fund the setup, operation, and maintenance of micro business outreach centers in geographically and socially isolated communities throughout New York State.
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Creates selection criteria for designating outreach centers, including prioritizing isolated communities, establishing coordinated client information systems, maximizing efficient use of economic development resources, and connecting small businesses to capital and technical assistance.
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Requires the Commissioner of Economic Development to submit an annual report to the Governor and legislature within thirty days after the fiscal year closes detailing the program's effectiveness and recommending any further legislation needed.
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Takes effect 180 days after enactment into law.
Legislative Description
Creates the micro business outreach center assistance program within the department of economic development, and provides for its functions, powers and duties; further creates the micro business outreach center network; establishes a reporting requirement by the commissioner of economic development.
Last Action
reported referred to ways and means
2/6/2018