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S08171Introduced in the Senate

Establishes the contract New York program to provide tax credits to corporations contracting with emerging microbusinesses; directs the department of economic development and the empire state development corporation to create and maintain a registry of emerging microbusinesses and to biannually implement best practices for engaging corporations to utilize such registry; establishes the contract New York tax credit for New York corporations with eligible contracts with emerging microbusinesses.

IntroducedSenate Commerce, Economic Development and Small Business

Introduced by April Baskin, District 63

What does this bill do?

Plain-English breakdown

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Official description

Establishes the contract New York program to provide tax credits to corporations contracting with emerging microbusinesses; directs the department of economic development and the empire state development corporation to create and maintain a registry of emerging microbusinesses and to biannually implement best practices for engaging corporations to utilize such registry; establishes the contract New York tax credit for New York corporations with eligible contracts with emerging microbusinesses.

Where it stands

REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

January 7, 2026

How did lawmakers vote?

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Bill history

  1. REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

  2. REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

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