Industry or Fiscal Impact

Program Bill Numbers

Category Geographic Last Action Description (if available,
(if existing) and Sponsors
Area Impacted $ in millions)
Expand Existing Zero-percent Manufacturing A636A (Stirpe) S4671 Amend and Recommit to Extends the zero-percent Corporate Franchise Tax rate to $140
Program Corporate (Kaplan) Ways and Means 4/8/2019 qualified pass-through manufacturers. Currently the zero
Franchise Tax for (A) Referred to Budget and rate applies to manufacturers organized as C corporations.
manufacturers Revenue 3/20/2019 (S)

Expand Existing Excelsior Jobs Cryptocurrency and A1398 (Vanel) Referred to Economic Extends eligibility for the Excelsior Jobs Program to
Program Program distributed ledger Development 1/15/2019 (A) businesses involved in the development of distributed
technology ledger technology, under the categories of financial
services data centers, financial services customer back
office operations, and software development. Requires the
commissioner of the Department of Economic Development
to strive for broad regional representation in the Excelsior
program.

Expand Existing Excelsior Linked Manufacturing, A2243 (Schimminger) Referred to Economic Increases Excelsior Linked Deposit Program by $65 million.
Program Deposit Program services Development 1/22/2019 (A)

Expand Existing Economic Small business A2946 (Solages) Referred to Small Business Creates a division within Empire State Development (ESD)
Program Development S1087 (Persaud) 1/28/2019 (A) Passed Senate on small business crime prevention, and allows for loans,
Fund 3/7/2019 (S) loan guarantees, interest subsidies and grants to benefit
small businesses and crime prevention strategies.

Expand Existing Industrial Westchester County A3351 (Pretlow) Referred to Local Extends Industrial Development Agency (IDA) financial
Program Development Governments 1/29/2019 (A) assistance to multi-family residential housing projects in
Agencies (IDAs) certain municipalities in Westchester County.

Expand Existing Entrepreneurship A4312 (Thiele) S1192 Reported Referred to Ways Increases the cap on individual grants for Entrepreneurship
Program Assistance (Bailey) and Means 4/9/2019 (A) Assistance Centers from $75,000 to $175,000 and extends
Centers Passed Senate 1/15/2019 (S) the deadline for reporting and evaluation of the program.

Expand Existing Excelsior Linked Manufacturing, A4447 (Kolb) Referred to Economic Increases total funding by $440 million and dedicates $200
Program Deposit Program services, startups Development 2/4/2019 (A) million of the Excelsior Linked Deposit Program for business
startups.

Expand Existing Economic Communities A4701 (Smullen) Referred to Economic Extends application dates for the Economic Transformation
Program Transformation converting Development 2/5/2019 (A) and Facility Redevelopment Program.
and Facility correctional/juvenile
Redevelopment justice facilities into
Program business/industrial
parks

Expand Existing Urban Cities with A6107 (Fitzpatrick) Referred to Local Extends the provisions of the Urban Development Action
Program Development populations less than Governments 2/28/2019 (A) Area Act to apply to cities with populations of less than
Action Area 100,000 100,000.
Program

Expand Existing Technical Minority populations A6526 (Cook) S4146 Reported Referred to Ways Requires a study of the geographic coverage of ESD
Program assistance not currently (Parker) and Means 3/26/2019 (A) programs and any other programs that give technical
programs served by technical Referred to Corporations, assistance to minority populations. Requires that ESD work
assistance programs Authorities and Commissions with nonprofits to fill any gaps found in geographic coverage
3/1/2019 (S) of these services.

Expand Existing IDAs A6763 (Thiele) S1067 Referred to Local Allows IDAs to provide loans, grants, and equity funding
Program (Gallivan) Governments 3/19/2019 (A) (seed or early-stage).
Referred to Local Government
1/10/2019 (S)

Expand Existing Farm Workforce Agriculture A7136 (Buttenschon) Referred to Ways and Means Increases the credit per eligible farm employee from $300 $30
Program Retention Credit 4/10/2019 (A) to $600 in 2018, from $500 to $800 in 2019, from $400 to
$1,000 in 2020, and from $600 to $1,200 in 2021.

Expand Existing Economic Small business S821 (Boyle) Referred to Corporations, Allows for qualifying small businesses to receive loans or
Program Development Authorities and Commissions grants under the Economic Development Fund and low-
Fund, Linked 1/9/2019 (S) interest loans through the Linked Deposit Program in order
Deposit Program to mitigate any impact state or local infrastructure projects
might have had on such businesses.

Expand Existing Regional Small business S844A (Benjamin) Amend and Recommit to Expands and renames the Regional Revolving Loan Fund as
Program Revolving Loan Corporations, Authorities and the Small Business Regional Revolving Loan Fund.
Fund Commissions 4/15/2019 (S)

Expand Existing Economic Communities with S1226 (Ritchie) Referred to Commerce, Grants eligibility for the Economic Transformation and
Program Transformation state psychiatric Economic Development and Facility Redevelopment Program tax credit to certain state
and Facility centers Small Business 1/11/2019 (S) psychiatric centers with decommissioned or surplus land
Redevelopment (application must be prescribed by the Commissioner of
Program Mental Health by September 2018).

Expand Existing All Small business S1238 (Serino) Referred to Commerce, Requires State economic development agencies to give
Program Economic Development and preference to small businesses and entrepreneurs in the
Small Business 1/11/2019 (S) programs they administer.

Expand Existing Small Business Microbusiness S1543 (Kennedy) Referred to Commerce, Provides that microbusinesses are eligible for $5 million
Program Revolving Loan Economic Development and in the Small Business Revolving Loan Fund and the Linked
Fund, Excelsior Small Business 1/15/2019 (S) Deposit Program interest rate reductions.
Linked Deposit
Program

Expand Existing School Tax Relief Small business S2460 (Akshar) Referred to Local Government Makes real property owned by small businesses (100 $275
Program (STAR) 1/25/2019 (S) employees or fewer) eligible for the STAR property tax
exemption.

Compiled by Riley Edwards

Updated: 04/23/2019
 Industry or Fiscal Impact
Program Bill Numbers
Category Geographic Last Action Description (if available,
(if existing) and Sponsors
Area Impacted $ in millions)
Expand Existing Qualified Environment and S3587 (Parker) Referred to Internet and Adds clean environmental and energy technologies to the
Program Emerging energy Technology 2/11/2019 (S) list of emerging industrial classifications that are eligible for
Technology Qualified Emerging Technology Company tax credits.
Company Tax
Credits

Expand Existing IDAs Professional services, S3825 (Ranzenhofer) Referred to Local Government Allows IDAs to support some retail projects, including
Program health care 2/15/2019 (S) professional office uses (medical, insurance, accounting, etc.)
in mixed use projects including residential uses.

Expand Existing Excelsior Research S5220 (Kennedy) Referred to Commerce, Increases the Excelsior Research and Development
Program and Development Economic Development and Tax Credit from 6% to 20% of qualified research and
Tax Credit Small Business 4/16/2019 (S) development expenditures.

New Broad Small business A45 (Buchwald) Referred to Small Business Establishes the New York State Innovation Voucher
Program S4361 (Kaplan) 1/9/2019 (A) Reported Program. Vouchers would serve as matching funds for
and Committed to Finance small businesses to use with research and development
4/8/2019 (S) organizations such as universities and national laboratories.

New Broad A1386 (Rosenthal L) Referred to Economic Creates regional technology development centers.
Program Development 1/15/2019 (A)

New Broad A1923 (Crouch) Referred to Real Property Grants a property tax exemption to nonprofits organized
Program Taxation 1/18/2019 (A) with a purpose of promoting economic development by
acquiring property for development.

New Broad A2452 (Wallace) Referred to Energy 1/22/2019 Creates a Take Charge New York program, in which
Program (A) awardees receive a microgrid and pay back the New York
Power Authority and microgrid provider for the cost of
microgrid installation through the value of the energy
saved. Applications may be solicited beginning no later than
September 2021.

New Broad A2461 (Fahy) S541 Referred to Ways and
Program (Akshar) Means 1/22/2019 (A)
Referred to Investigations
and Government Operations
1/9/2019 (S)
Establishes a job creation tax credit of $750 for each new
full-time position created, up to 30 positions per tax year,
plus an additional $750 for positions in manufacturing or
processing using agricultural commodities.

New Broad A2639 (Gantt) S4606 Referred to Ways and Means Provides a tax credit for any business creating new jobs,
Program (Parker) 1/24/2019 (A) Referred equal to half the new income tax revenue created as a result
to Budget and Revenue of the jobs created, for up to 10 years. Employment must be
3/15/2019 (S) maintained for twice the term of the tax credit and may be
clawed back for failure to comply.

New Broad A2901 (Lentol) Referred to Higher Education Creates the New York Entrepreneur Program, in which
Program 1/28/2019 (A) SUNY and CUNY graduates submit a startup business
plan and are selected to receive free housing, student loan
deferral, and access to school resources for five years.

New Broad Small business A3600 (Gunther) Referred to Ways and Means Creates a Small Business Electric Energy Tax Credit, equal
Program 1/29/2019 (A) to two cents per kilowatt hour for electricity usage at the
primary business location.

New Broad A4082 (Ra) Referred to Real Property Provides property tax exemptions for development on
Program Taxation 2/1/2019 (A) vacant land, depending on the value of improvements and
ranging from 25% to 50% for 5 to 10 years, and a deduction
for small business relocation to these properties.

New Broad Small business A4248 (Kolb) Referred to Economic Creates the Bizboom program, which consists of a series of
Program Development 2/1/2019 (A) tax incentives for new businesses.

New Broad Small business A4250 (Kolb) S858 Referred to Economic Establishes the GrowNY pilot program, an "economic $10
Program (Gallivan) Development 2/1/2019 gardening" pilot program within the Department of
(A) Referred to Commerce, Economic Development. Would authorize $500,000 in
Economic Development and annual grants for a period of five years to entities capable of
Small Business 1/9/2019 (S) giving technical assistance to growing businesses.

New Broad A4300 (Kolb) Referred to Ways and Means Creates the New York State Cornerstone Program and
Program 2/4/2019 (A) Discovery Program, which provide tax benefits for
businesses retaining or creating jobs and reduces the
Corporate Franchise Tax and Insurance Corporations Tax.

New Broad Small business A4553 (Kolb) Referred to Ways and Means Enacts the Small Business Full Employment Act, consisting
Program 2/4/2019 (A) of several tax credits and reductions.

New Broad Small business A5049 (Thiele) S3489 Referred to Small Business Provides financial assistance to small business for pollution
Program (LaValle) 2/7/2019 (A) Referred prevention, control, and compliance.
to Commerce, Economic
Development and Small
Business 2/7/2019 (S)

New Broad Small business A6706 (Lavine) Referred to Ways and Means Allows small businesses to contribute to a small business
Program S3163 (Kaplan) 3/15/2019 (A) Passed Senate tax-deferred savings account, from which funds can be
3/7/2019 (S) withdrawn during times of specified economic hardship, for
job retention or creation, or natural disasters.

New Broad S564 (Kennedy) Referred to Commerce, Establishes the Capital Investment Jobs Retention Program, $8.25
Program Economic Development and a refundable tax credit for eligible businesses making
Small Business 1/9/2019 (S) significant capital investments and retaining jobs.

New Broad S783A (Breslin) Passed Senate 4/1/2019 (S) Establishes the Transitional Green Development Program to $1
Program assist upstate communities with coordinating their natural,
cultural, and historical resources into a development plan.

Compiled by Riley Edwards

Updated: 04/23/2019
 Industry or Fiscal Impact
Program Bill Numbers
Category Geographic Last Action Description (if available,
(if existing) and Sponsors
Area Impacted $ in millions)
New Broad Small business S853 (Benjamin) Referred to Corporations, Provides zero- and low-interest loans or loan interest rate
Program Authorities and Commissions reduction for energy improvement projects to stimulate
1/9/2019 (S) growth and development of small businesses.

New Broad S1535 (Kennedy) Reported and Committed to Creates a Take Charge New York program, in which
Program Finance 3/26/2019 (S) awardees receive a microgrid and pay back the New York
Power Authority and microgrid provider for the cost of
microgrid installation through the value of the energy
saved. Applications may be solicited beginning no later than
September 2020.

New Broad Small business S2412 (Kaplan) Reported and Committed to Allows small businesses to deposit profits in a small business
Program Finance 2/27/2019 (S) tax-deferred savings account. Funds can be withdrawn tax-
free only to create full-time jobs.

New Targeted STEM education A760 (Rosenthal L) Reported referred to Ways Provides science, technology, engineering, and mathematics
Program and Means 3/26/2019 (A) grants to encourage women and minorities to pursue
careers in technology.

New Targeted Small business A959 (Crouch) Referred to Small Business Creates pilot to train and counsel small retail business $0.21
Program 1/14/2019 (A) owners and potential small business owners, makes
appropriation.

New Targeted STEM education A1562 (Bichotte) Referred to Economic Creates a grant program for school districts, institutions of
Program Development 1/15/2019 (A) higher education, nonprofit organizations, other entities to
prepare students for postsecondary STEM education and
careers

New Targeted Music and video A1943 (Lentol) S2966 Referred to Ways and Replaces Exelsior Jobs Program eligibility of the music and $100
Program game production (Benjamin) Means 1/18/2019 (A) video game production industries with a new tax credit for
Referred to Investigations production costs. Capped at $50 million annually for each
and Government Operations industry and available through 2022.
1/31/2019 (S)

New Targeted Dry cleaners and nail A2241 (Kim) Referred to Small Business Provides grants and flexible financing programs to dry
Program salons 1/22/2019 (A) cleaning and nail specialty businesses to comply with codes
and ventilation requirements. Effective after 90 days.

New Targeted Environment and A2310 (Pichardo) Referred to Small Business Provides small businesses with grants up to $100,000 to
Program energy 1/22/2019 (A) incentivize commercialization of energy and environmental
technology innovations.

New Targeted Area surrounding A2545 (Rodriguez) Referred to Economic Establishes economic grant program for the Second Avenue
Program Second Avenue S3908 (Serrano) Development 1/23/2019 (A) Subway construction project area.
Subway Referred to Corporations,
Authorities and Commissions
2/21/2019 (S)

New Targeted STEM education A2920 (Rozic) S2942 Referred to Higher Education Creates the Community College High-Technology
Program (Stavisky) 1/28/2019 (A) Referred to Investment Program (C-CHIP), which would award grants to
Internet and Technology community colleges to improve laboratory or other facilities
1/31/2019 (S) to provide technology education and occupation-specific
training.

New Targeted Manufacturing A3376 (Norris) Referred to Economic Creates one-time tax credit for manufacturing companies
Program Development 1/29/2019 (A) with a presence in the state that bring from outside of the
state more than 50 employees. Credit would be equal to 2.5
percent of salaries of the relocated jobs.

New Targeted Manufacturing A4864 (Smullen) Referred to Economic Establishes an online registry to highlight products
Program Development 2/5/2019 (A) manufactured or produced in New York State, and requires
ESD to create a product label for products made in New
York.

New Targeted Agriculture in A4889 (Blankenbush) Referred to Ways and Means Establishes revolving loan program to provide low-interest
Program Jefferson, Oswego, 2/5/2019 (A) loans to farmers in Jefferson, Oswego, and St. Lawrence
and St. Lawrence counties to upgrade electricity.
counties

New Targeted Microbusiness A5133 (Blake) S4966 Reported Referred to Ways Enacts the HIRE NY act to provide zero-interest loans for
Program (Parker) and Means 4/9/2019 (A) hiring by microbusinesses (less than five employees).
Referred to Corporations,
Authorities and Commissions
4/2/2019 (S)

New Targeted Manufacturing A5332 (Kolb) Referred to Economic Establishes the Manufacturing Preservation and
Program Development 2/8/2019 (A) Enhancement Act, including multiple tax credits.

New Targeted Small business A5790 (Giglio) Referred to Ways and Means Establishes tax credit of up to 25 percent for small
Program 2/19/2019 (A) businesses with less than 15 employees located in villages
or cities with fewer than 35,000 people.

New Targeted Start-ups A5837 (Mosley) Referred to Economic Creates the New York incubator network, authorizes grants.
Program S5015 (Parker) Development 2/19/2019
(A) Referred to Internet and
Technology 4/3/2019 (S)

New Targeted Small business, A6362 (Thiele) S4318 Referred to Small Business Creates the Main Street Center Grant Program for
Program microbusiness (LaValle) 3/7/2019 (A) Referred renovations at small businesses and expands services to
to Commerce, Economic microbusinesses (fewer than five employees).
Development and Small
Business 3/7/2019 (S)

New Targeted Microbusiness S2176 (Bailey) Reported and Committed to Creates microbusiness worker cooperatives, authorizes
Program Finance 4/8/2019 (S) loans and loan subsidies.

Compiled by Riley Edwards

Updated: 04/23/2019
 Industry or Fiscal Impact
Program Bill Numbers
Category Geographic Last Action Description (if available,
(if existing) and Sponsors
Area Impacted $ in millions)
New Targeted Worker cooperatives S2184 (Bailey) Reported and Committed to Establishes the Center for Employee Ownership, authorizes
Program and employee-owned Finance 2/27/2019 (S) the creation of a trust fund and loans from the trust fund.
businesses

New Targeted Manufacturing S2483 (Sanders) Referred to Commerce, Establishes the Manufacturing Development Zone Program
Program Economic Development and and associated tax credits.
Small Business 1/25/2019 (S)

New Targeted High tech S2869 (Kaplan) Reported and Committed to Creates the Mobile High-Technology Training Facilities
Program manufacturing Finance 3/12/2019 (S) Program.

Compiled by Riley Edwards

Updated: 04/23/2019