N.Y. Econ. Dev. Law § 223

Current through 2024 NY Law Chapter 457
Section 223 - [Amendments effective insofar as they pertain to the Port Authority of New York and New Jersey upon passage of same as legislation by New Jersey] Reporting

The department shall:

1. Monitor the performance of each export trade development project and require periodic and annual reports from each such project at such time and in such manner as prescribed by the commissioner;
2. Evaluate the effectiveness of the export trade development projects and other technical assistance programs authorized under this article and shall report, on or before October first, nineteen hundred eighty-eight and on or before October first of each year thereafter, the results of such evaluation to the governor and the legislature. In the case of export assistance programs involving the direct delivery of assistance and services by the department, such report shall detail the number of business firms served by the department, the number of trade and investment inquiries referred by the department to business firms and other interested parties, the approximate dollar amount of export sales and investment of foreign capital in New York generated by the activities of the department, and any other information the commissioner deems pertinent to evaluating the effectiveness of such programs. In the case of export trade development projects, such report shall include a description of each project, its potential application to other areas of the state, the success of each project in meeting its stated goals and objectives, the economic impact of each project on the area served, the degree of local and regional participation, financial and otherwise, in each project, the coordination of each project with state and local export promotion programs and resources and such other information the commissioner deems pertinent to evaluating the effectiveness of the export assistance development project program; and
3.
(a) Submit to the director of the division of the budget, the chairperson of the senate finance committee and the chairperson of the assembly ways and means committee an evaluation of program effectiveness prepared by an entity independent of the department. Such an evaluation shall be submitted on or before September first, two thousand five and on or before September first every four years thereafter.
(b) Between evaluation due dates, the department shall maintain the necessary records and data required to satisfy such evaluation requirements and to satisfy information requests received from the director of the budget, the chairperson of the senate finance committee and the chairperson of the assembly ways and means committee between such evaluation due dates.

N.Y. Economic Development Law § 223