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S 8171 NY

Establishes the contract New York program; establishes the contract New York tax credit

NY · session 2025-2026 · Senate · bill

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Introduced May 16, 2025

Latest action (Jan 7, 2026) REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

Summary

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.

Sponsor (1)

Action history (2)
  1. May 16, 2025 REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS · upper
  2. Jan 7, 2026 REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS · upper

Text versions (2)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • S8171 · HTML
  • S8171 · PDF

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