Bill Text: NY A09991 | 2009-2010 | General Assembly | Introduced
Bill Title: Establishes the science and technology law center and the technology commercialization clinic program.
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Passed) 2010-08-30 - signed chap.440 [A09991 Detail]
Download: New_York-2009-A09991-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 9991 I N A S S E M B L Y February 23, 2010 ___________ Introduced by M. of A. MAGNARELLI -- read once and referred to the Committee on Economic Development, Job Creation, Commerce and Industry AN ACT to amend the public authorities law, in relation to the science and technology law center; and to repeal section 209-q of the execu- tive law, relating to the science and technology law center THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. The public authorities law is amended by adding two new 2 sections 3102-f and 3102-g to read as follows: 3 S 3102-F. SCIENCE AND TECHNOLOGY LAW CENTER. 1. THE FOUNDATION SHALL, 4 SUBJECT TO AVAILABLE APPROPRIATIONS, ISSUE A REQUEST FOR PROPOSALS TO 5 NEW YORK LAW SCHOOLS TO ESTABLISH THE SCIENCE AND TECHNOLOGY LAW CENTER. 6 2. THE SCIENCE AND TECHNOLOGY LAW CENTER WILL ADVISE THE FOUNDATION, 7 CENTERS FOR ADVANCED TECHNOLOGY AND OTHER ACADEMIC INSTITUTIONS ON ALL 8 TECHNOLOGY-RELATED LEGAL ISSUES, AND PROVIDE ANY OTHER SERVICES DEEMED 9 NECESSARY BY THE FOUNDATION, INCLUDING BUT NOT LIMITED TO: 10 (A) CONDUCTING RESEARCH ON LEGISLATION, REGULATIONS AND LEGAL DECI- 11 SIONS THAT IMPACT THE FLOW OF TECHNOLOGY TRANSFER AND ACADEMIC RESEARCH; 12 (B) WORKING WITH THE CENTERS FOR ADVANCED TECHNOLOGY AND OTHER ACADEM- 13 IC INSTITUTIONS TO PROVIDE APPROPRIATE ASSISTANCE; 14 (C) WORKING DIRECTLY WITH STARTUP AND EARLY STAGE TECHNOLOGY COMPANIES 15 OUTSIDE OF INSTITUTIONAL SETTINGS; 16 (D) WORKING WITH THE CENTERS IN CREATING AND HOSTING VENTURE CAPITAL 17 FAIRS; 18 (E) MANAGING THE FUNCTIONS OF THE TECHNOLOGY COMMERCIALIZATION CLINIC 19 PROGRAM AS ESTABLISHED PURSUANT TO SECTION THIRTY-ONE HUNDRED TWO-G OF 20 THIS ARTICLE. 21 S 3102-G. TECHNOLOGY COMMERCIALIZATION CLINIC PROGRAM. THE FOUNDATION 22 SHALL ESTABLISH A TECHNOLOGY COMMERCIALIZATION CLINIC PROGRAM TO BE 23 MANAGED BY THE SCIENCE AND TECHNOLOGY LAW CENTER FOR THE PURPOSES OF 24 ASSISTING NEW YORK UNIVERSITIES, ENTREPRENEURS AND COMPANIES IN COMMER- 25 CIALIZING NEW PRODUCTS OR PROCESSES. 26 1. ENTITIES ELIGIBLE TO OPERATE THE PROGRAM SHALL BE COMPETITIVELY 27 SELECTED BY THE FOUNDATION AND SHALL INCLUDE BUSINESS, LAW AND ENGINEER- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD16081-01-0 A. 9991 2 1 ING SCHOOLS, AND OTHER ACADEMIC RESEARCH ENTITIES, LOCATED AT COLLEGES 2 AND UNIVERSITIES IN THE STATE. 3 2. ACTIVITIES UNDER THIS PROGRAM SHALL BE CONDUCTED BY STUDENTS SUPER- 4 VISED BY APPROPRIATE FACULTY AND UNIVERSITY ADMINISTRATORS AND SHALL 5 INCLUDE BUT NOT BE LIMITED TO THE FOLLOWING: 6 (A) ENGAGING IN FACULTY-SUPERVISED PROJECTS SPECIALIZING IN RESEARCH 7 AND ANALYSIS OF THE COMMERCIAL DEVELOPMENT OF EARLY-STAGE TECHNOLOGIES 8 ON BEHALF OF NEW YORK UNIVERSITIES AND COMPANIES; 9 (B) PROVIDING RESEARCH AND ANALYSIS OF THE TECHNICAL, MARKETING, 10 INTELLECTUAL PROPERTY, AND LEGAL ISSUES RELATED TO THE COMMERCIAL DEVEL- 11 OPMENT OF NEW TECHNOLOGIES ON BEHALF OF NEW YORK UNIVERSITIES AND COMPA- 12 NIES; 13 (C) COLLABORATING WITH OTHER TECHNOLOGY COMMERCIALIZATION CLINIC 14 PROGRAMS TO DEVELOP BEST PRACTICES TO SUPPORT TECHNOLOGY COMMERCIALIZA- 15 TION IN NEW YORK. 16 S 2. Section 209-q of the executive law is REPEALED. 17 S 3. This act shall take effect immediately.