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NY A06650

Bill

Official Source

Status

Engrossed

6/13/2017

Primary Sponsor

Mark Gjonaj

Click for details

Origin

Assembly

2017-2018 General Assembly

AI Summary

  • Amends the Economic Development Law by adding new section 131-a to define a micro-business
  • Defines a micro-business as an entity that is resident in New York State, independently owned and operated, and not dominant in its field
  • Establishes that a micro-business must employ five or fewer full-time employees or full-time equivalent employees
  • Takes effect immediately upon enactment

Legislative Description

Relates to defining and establishing a micro-business.

Last Action

REFERRED TO RULES

6/13/2017

Committee Referrals

Rules6/13/2017
Rules6/7/2017
Small Business3/10/2017

Full Bill Text

No bill text available