Bill
Bill > A00973
NY A00973
NY A00973Relates to the creation of the emergency financial relief fund to provide financial relief to federal employees or employees of federal contractors who are residents of New York state and required to work without compensation or placed on unpaid leave as a result of a lapse in appropriations by the United States government beginning on or after December 22, 2024; provides financial relief to non-profit organizations licensed to do business in New York state, with a contract to provide services t
summary
Introduced
01/08/2025
01/08/2025
In Committee
01/07/2026
01/07/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the tax law and the state finance law, in relation to the creation of the emergency financial relief fund
AI Summary
This bill creates an Emergency Financial Relief Fund to provide financial assistance to federal employees or federal contractor employees who are New York state residents and are required to work without pay or placed on unpaid leave during a government shutdown, as well as to non-profit organizations licensed in New York with federal service contracts. The fund will be established in the custody of the state comptroller, tax commissioner, and labor commissioner, and will be funded through voluntary taxpayer contributions and state matching funds. Taxpayers can elect to contribute to the fund when filing their income tax returns, with contributions not reducing their tax liability. The New York State Department of Labor will administer the fund, developing eligibility rules for "qualified persons" which include federal workers and non-profit organizations affected by a government appropriations lapse beginning on or after December 22, 2024. The department must provide an annual public report detailing fund usage, including the amount dispersed, recipients, award amounts, and purposes. The fund can only be used to compensate qualified individuals and organizations, with money distributed through comptroller-approved vouchers from the labor department. This bill aims to provide financial relief during potential future government shutdowns.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
referred to ways and means (on 01/07/2026)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A973 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A00973&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A00973 |
Loading...