Bill
Bill > A05470
NY A05470
NY A05470Creates the federal contract workers assistance program to permit the state to provide loans to certain small businesses affected by the federal government shutdown.
summary
Introduced
02/12/2019
02/12/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
AN ACT to amend the economic development law, in relation to creating the federal contract workers assistance program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1
AI Summary
This bill creates the federal contract workers assistance program in New York, which allows the state to provide loans to small businesses that have a federal government contract and have been negatively impacted financially due to a federal government shutdown. The program has eligibility criteria, an application and approval process, and provides guidelines for the loans, including that they must be used for payroll purposes and repaid within 12 months.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
referred to small business (on 01/08/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://assembly.state.ny.us/leg/?default_fld=&bn=A05470&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y | 02/13/2019 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A05470&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05470 | 02/13/2019 |
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