Bill > S05075

This bill expands the START-UP NY program, which is an economic development initiative designed to attract and support new businesses in New York, to include medical practices that provide primary care services. Currently, the program excludes medical and dental practices, but this bill specifically allows medical practices that solely provide primary care services to participate in the program. Additionally, the bill makes a technical change to remove a previous provision about Downstate Medical Center's properties in Nassau, Suffolk, Westchester, or New York City. The START-UP NY program typically offers tax benefits and incentives to qualifying businesses located near state universities, and this amendment would give primary care medical practices the opportunity to take advantage of these benefits. By broadening the eligibility criteria, the bill aims to potentially attract and support primary care medical practices in New York's economic development ecosystem.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S5075