NY A04225 | 2009-2010 | General Assembly
Status
Spectrum: Partisan Bill (Republican 5-0)
Status: Introduced on February 2 2009 - 25% progression, died in committee
Action: 2010-05-11 - held for consideration in small business
Pending: Assembly Small Business Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 2 2009 - 25% progression, died in committee
Action: 2010-05-11 - held for consideration in small business
Pending: Assembly Small Business Committee
Text: Latest bill text (Introduced) [HTML]
Summary
This bill addresses the growing concern for the demise of small retail businesses in New York State. It is the purpose of this bill to prevent "mom and pop" stores from disappearing and to provide both current and prospective small retail business owners with the opportunity to thrive. This bill seeks to promote the growth of small retail businesses by encouraging State and local chambers of commerce, and other local business promoting entities, to create small retail business training councils to both current and prospective small business owners. The purpose; to put all the safety valves in place so that banks feel comfortable enough to grant a loan to individuals who may not possess the necessary capital to get off their feet. The participating banks would in turn be awarded with a tax credit for taking on a high risk operator.
Title
An act to amend the economic development law, in relation to directing the department of economic development to study the attrition of small retail businesses from the state and create a pilot program to help maintain the existence of small businesses within the state and to train and counsel small business owners and potential small business owners; and making an appropriation therefor
Sponsors
| Asm. James Bacalles [R] | Asm. Daniel Burling [R] | Asm. Clifford Crouch [R] | Asm. Gary Finch [R] |
| Asm. Brian Kolb [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-05-11 | held for consideration in small business | |
| 2010-01-06 | referred to small business | |
| 2009-02-02 | referred to small business |
