2025-2026 Regular SessionNew York Legislature

S06010

Legislative Summary

Provides that microbusinesses in New York are eligible for small business revolving loans and the linked deposit interest rate reductions.

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

3/4/2025
REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
Senate
4/29/2025
1ST REPORT CAL.727
Senate
4/30/2025
2ND REPORT CAL.
Senate
5/1/2025
ADVANCED TO THIRD READING
Senate

Status Information

Current Status
Introduced(3/4/2025)
Chamber
Senate

Sponsors

Democrat: 1

Primary Sponsor

April Baskin
April Baskin
Democrat

Documents

Introduced
Bill Text3/4/20253.9 KB