BILL NUMBER: S8248
SPONSOR: BASKIN
 
TITLE OF BILL:
An act authorizing the empire state development corporation to develop a
public awareness campaign promoting businesses located in New York state
 
PURPOSE OR GENERAL IDEA OF BILL:
The purpose of this bill is to establish and implement a public aware-
ness campaign to promote New York's businesses and stimulate its econo-
my.
 
SUMMARY OF PROVISIONS:
Section 1: Establishes a public awareness campaign by the Empire State
Development Corporation ("ESDC") to include the promotion of businesses
located in New York State and the creation of an Internet website direc-
tory for the purposes of business networking. This section also requires
the ESDC to prepare an annual report to the Governor and the Legislature
on the actions taken by ESDC to carry out the campaign and an assessment
of the necessary appropriations for ESDC to meet the needs of the
campaign in the next fiscal year.
Section 2: Establishes the effective date.
 
JUSTIFICATION:
Frequently, businesses within the State buy goods and services from
companies outside of their community when the same goods and services
are available locally at competitive rates. A public awareness campaign
will help spur economic development by providing useful information
including a directory exclusively for New York's businesses and detailed
information on the products and services they provide. The campaign will
also promote local businesses, create a place' for businesses to
network, generate sales of New York State products, and create more tax
revenue for our State.
 
PRIOR LEGISLATIVE HISTORY:
2023: referred to economic development
2024: reported referred to ways and means
 
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
To be determined.
 
EFFECTIVE DATE:
This act shall take effect immediately.