Assemblyman Robin Schimminger has introduced the Hotspot Fix Bill in the Assembly:
The highly successful hotspot incubator program has had a handful of unintended consequences once it was implemented, primarily the manner in which Empire State
Development staff determined the original legislation had to be interpreted in dealing with Certified Incubators in New York State that initiated a hotspot program for their region. It was determined the companies within those Certified Incubators could not participate in the program, which was unintended and unworkable. BIANYS has worked with ESD, the Governor's Office, Senator Marty Golden's Office and Assemblyman Robin Schimminger's office to remedy this issue along with some cleanup language for the legislation.
Last month Senator Marty Golden introduced the bill in the Senate. And now Assemblyman Schimminger has introduced the companion bill in the Assembly (A10105). We are working to ensure this legislation becomes law this session!
For those members and companies that have been negatively impacted, we can use your help in advocating for the passage of this legislation. Email email@example.com to get more info on how to help.