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NY S08434

Bill

Status

Introduced

6/11/2025

Primary Sponsor

Sean Ryan

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Extends the reporting deadline for the advisory panel on employee-owned enterprises from June 30, 2025 to June 30, 2026

  • Extends the expiration date of the advisory panel from October 1, 2025 to October 1, 2026, providing one additional year of operation

  • The advisory panel, established within the division of small business services, is responsible for making recommendations on supporting employee-owned businesses and promoting new employee-owned enterprises in New York

  • The panel's report must be delivered to the governor, legislative leaders, and chairs of relevant committees including finance, economic development, small business, and labor

Legislative Description

Extends the reporting deadline of the advisory panel on employee-owned enterprises from June 30, 2025 to June 30, 2026; extends for one year the advisory panel on employee-owned enterprises which is tasked with reporting and making recommendations on how best to support such businesses and promote the formation and growth of new employee-owned enterprises in New York state.

Last Action

SUBSTITUTED BY A8411

6/12/2025

Committee Referrals

Rules6/11/2025

Full Bill Text

No bill text available