2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 8 - New York Job Development Authority Subtitle I General Provisions › Sub Title 5 - Subtitle v Miscellaneous Provisions › 1829-A - Submission of Certain Program Information.

§ 1829-a. Submission of certain program information. 1. Annual program
report. The authority shall report on an annual basis beginning December
thirty-first,  nineteen  hundred  ninety-three,  and  on  each  December
thirty-first thereafter, to the governor, the speaker  of  the  assembly
and  the  temporary  president  of  the  senate on each of the financial
assistance programs, and for each program, each category  of  assistance
administered  by the authority, identifying each proposal for assistance
through such program for which  the  authority  has  received  a  formal
application or otherwise has begun to undertake an analysis.
(a)  For  those requests which are currently being evaluated but which
have not yet been approved such description shall include,  but  not  be
limited  to,  the  name  and  location  of  the applicant, the amount of
assistance requested, the date of  receipt  of  such  request,  and  the
status of such request.
(b)   In  providing  such  report,  where  necessary  to  promote  the
development of proposed projects, the authority may delete references to
the specific names of the participants,  instead  making  references  to
them  in  some  other  form  so  as  to make it possible to identify the
progress of specific proposals.
(c) Such report shall provide a breakdown, for  each  of  the  regions
established  pursuant  to  section  two  hundred  thirty of the economic
development law, of proposals for assistance through  each  program.  In
addition,  such  report  shall  summarize, by program, the data reported
pursuant to this paragraph.
(d) For those requests which have been  evaluated  and  for  which  no
further  action  has  been  recommended,  the  corporation shall present
summary data indicating why no further action was taken.
(e) Such report  shall  include  a  description  of  the  efforts  and
activities  of the authority to meet the financing needs of economically
distressed areas as described in paragraph (a) of subdivision  seven  of
section eighteen hundred twenty-three of this chapter, and a description
of  the  authority's  efforts and activities with regard to companies in
need of special assistance as described in such paragraph (a).
2. Evaluations. (a) In addition to any other requirements  imposed  by
this chapter or otherwise regarding evaluations of programs administered
by  the  authority, each evaluation shall include an analysis of the job
creation effect of such program, the number  of  small  businesses  that
received  assistance,  the number of minority and women-owned firms that
received assistance, the number of projects undertaken  in  economically
distressed  areas  as described in paragraph (a) of subdivision seven of
section eighteen hundred twenty-three of this  chapter,  the  number  of
projects  involving companies in need of special assistance as described
in such paragraph (a) and, if applicable, the  repayment  experience  of
borrowers of funds from the authority.
(b)  The  authority  shall  submit to the governor, the speaker of the
assembly, and the temporary president of the  senate  an  evaluation  of
such  programs  prepared by an entity independent of the authority. Such
evaluations shall be submitted  by  September  first,  nineteen  hundred
ninety-four and by September first every four years thereafter.