Assembly Bill A5233

2025-2026 Legislative Session

Relates to establishing the New York small business relief fund

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2025-A5233 (ACTIVE) - Details

Current Committee:
Assembly Small Business
Law Section:
State Finance Law
Laws Affected:
Add §99-ss, St Fin L
Versions Introduced in Other Legislative Sessions:
2021-2022: A6447
2023-2024: A5529

2025-A5233 (ACTIVE) - Summary

Establishes the New York small business relief fund consisting of monetary penalties imposed by the state liquor authority to provide grants to small businesses which have suffered economic hardship as a result of the COVID-19 pandemic.

2025-A5233 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5233
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 12, 2025
                                ___________
 
 Introduced by M. of A. BRABENEC -- read once and referred to the Commit-
   tee on Small Business
 
 AN  ACT  to amend the state finance law, in relation to establishing the
   New York small business relief fund
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  The  state finance law is amended by adding a new section
 99-ss to read as follows:
   § 99-SS. NEW YORK SMALL BUSINESS  RELIEF  FUND.  1.  THERE  IS  HEREBY
 ESTABLISHED  IN  THE  JOINT  CUSTODY OF THE COMMISSIONER OF TAXATION AND
 FINANCE AND THE COMPTROLLER A FUND TO BE KNOWN AS THE  "NEW  YORK  STATE
 SMALL BUSINESS RELIEF FUND".
   2.  THE  FUND SHALL CONSIST OF ALL FINES OR PENALTIES COLLECTED BY THE
 STATE LIQUOR AUTHORITY PURSUANT TO SECTION SEVENTEEN  OF  THE  ALCOHOLIC
 BEVERAGE CONTROL LAW.
   3.  MONIES  OF  THE  FUND, FOLLOWING APPROPRIATION BY THE LEGISLATURE,
 SHALL BE MADE AVAILABLE  FOR  GRANTS  TO  SMALL  BUSINESSES  WHICH  HAVE
 SUFFERED ECONOMIC HARDSHIP AS A RESULT OF THE COVID-19 PANDEMIC.
   4.  FOR THE PURPOSES OF THIS SECTION (A) "SMALL BUSINESS" SHALL MEAN A
 BUSINESS EMPLOYING ONE HUNDRED OR FEWER  EMPLOYEES;  AND  (B)  "ECONOMIC
 HARDSHIP"  SHALL  MEAN  THAT  A  BUSINESS HAS EXPERIENCED A REVENUE LOSS
 GREATER THAN FORTY PERCENT BETWEEN APRIL TWO THOUSAND TWENTY AND  DECEM-
 BER  TWO THOUSAND TWENTY COMPARED TO THAT SAME TIME PERIOD IN THE PREVI-
 OUS YEAR.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05364-01-5

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.