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NY A02301
Bill
Status
1/16/2025
Primary Sponsor
Michaelle Solages
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AI Summary
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Establishes a small business crime prevention services program within the Division for Small Business to provide information on strategies, best practices, and training for preventing crimes including assault, arson, robbery, burglary, theft, identity theft, fraud, vandalism, and graffiti
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Authorizes the Urban Development Corporation to provide loans, loan guarantees, interest subsidies, and grants to small businesses, municipalities, and nonprofits for crime prevention purposes including business watch programs, security equipment, lighting, and physical improvements
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Requires the program to provide information on financial assistance eligibility, protecting business assets through risk reduction and insurance, and responding to crimes including reporting and victim assistance
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Gives preference in awarding financial assistance to projects benefiting distressed areas or high-crime areas, projects with local or private-sector matching funds, and projects demonstrating likelihood of positive crime prevention impact
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Takes effect on April 1st following enactment, with the Department of Economic Development, Urban Development Corporation, and Division of Criminal Justice Services authorized to begin implementation immediately
Legislative Description
Establishes the small business crime prevention services program to provide small businesses with information on strategies, best practices and programs offering training and assistance in prevention of crimes in and around the premises of small businesses or otherwise affecting small businesses, including but not limited to: assault, arson and other violent felony offenses; robbery, burglary, theft, identity theft counterfeiting, check and credit card fraud and other fraud; and vandalism, graffiti and other property damage; provides that information on eligibility and applications for financial assistance be made available to small businesses; authorizes the New York state urban development corporation to provide loans, loan guarantees, interest subsidies and grants to small businesses, municipalities, not-for-profit corporations or other organizations for the purpose of preventing crimes against small businesses or on the premises or in the vicinity of small businesses; makes related provisions.
Last Action
referred to small business
1/7/2026