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NY A07500
Bill
Status
12/22/2021
Primary Sponsor
John McDonald
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AI Summary
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Requires state agencies to provide annual reports to the Division for Small Business by March 1st detailing cure periods and ameliorative opportunities offered to small businesses, including number of businesses utilizing these options and successful completions.
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Mandates state agencies report on guidance, information, and assistance provided to small businesses for compliance, as well as the average time granted to correct first-time violations.
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Directs the Division for Small Business to compile agency information into a report by May 1st annually, post it on their website, and provide copies to the Governor, Speaker of the Assembly, and Temporary President of the Senate.
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Extends the effectiveness of regulatory fine provisions for small businesses from two years to December 20, 2024.
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Takes effect immediately, except Section 1 takes effect one year after enactment.
Legislative Description
Requires a report by the division for small business regarding the use of opportunities for cure or ameliorative action afforded to small businesses for first time violations of rules and regulations; extends such provisions for three years.
Last Action
approval memo.115
12/22/2021