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Bill > A04763


NY A04763

Makes permanent certain provisions relating to expanding opportunities for service-disabled veteran-owned business enterprises.


summary

Introduced
02/06/2025
In Committee
02/06/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend chapter 22 of the laws of 2014, relating to expanding opportunities for service-disabled veteran-owned business enterprises, in relation to making certain provisions thereof permanent

AI Summary

This bill makes permanent certain provisions related to expanding opportunities for service-disabled veteran-owned business enterprises (SDVOBEs). Specifically, the bill removes the previous expiration date of March 31, 2024, for key sections of a 2014 law that aims to support businesses owned by veterans with service-related disabilities. By eliminating the sunset provision, the bill ensures that the provisions supporting SDVOBEs will continue indefinitely, rather than expiring at the end of March 2024. The legislation will take effect immediately and is designed to be considered in full force from March 31, 2024 onward. This change provides long-term stability and continued support for service-disabled veterans who own businesses, helping to create more economic opportunities for those who have served the country and faced disabilities as a result of their military service.

Committee Categories

Government Affairs

Sponsors (5)

Last Action

referred to governmental operations (on 02/06/2025)

bill text


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