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NY A04905
Bill
Status
2/6/2017
Primary Sponsor
Robin Schimminger
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AI Summary
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Transfers the small business innovation research program (SBIR) from Public Authorities Law Section 3102-c to a new section 52 within the New York State Urban Development Corporation Act.
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Requires the corporation to contact Phase I SBIR award recipients in New York within 30 days of federal announcement and provide program information; recipients may apply for state matching funding at least 30 days before completing their federal Phase I grant.
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Limits state contracts to the amount of the federal SBIR award or $50,000 (whichever is less), with proportional reductions if total appropriations cannot cover all eligible applicants; restricts research to New York State and prohibits funds for travel, equipment, or facilities.
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Mandates annual reporting to the governor and legislature on program results, including number of applicants, award recipients, patents filed, and products developed by New York firms.
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Requires the corporation to establish rules for program administration, conduct outreach to small businesses about SBIR opportunities, and facilitate joint small business-university technology councils for research collaboration.
Legislative Description
Recodifies the small business innovation research program within the New York state urban development corporation act; alters provisions under the small business innovation research program particularly as they affect Phase I award winners; prohibits arbitrary exclusion of technologies and companies; provides for matching of federal funds, to a certain extent.
Last Action
reported referred to ways and means
6/5/2018