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Bill > S06626


NY S06626

NY S06626
Establishes a public online registry of vacant commercial storefronts; provides information to current and prospective small business owners seeking to purchase or lease a vacant storefront for a small business location.


summary

Introduced
03/18/2025
In Committee
01/07/2026
Crossed Over
06/11/2025
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the economic development law, in relation to establishing a public online registry of vacant commercial storefronts

AI Summary

This bill establishes a requirement for the state's economic development division to create and maintain a public online registry of vacant commercial storefronts, designed to help small business owners find potential locations to purchase or lease. The registry will include key details such as the storefront's address, contact information for the seller or leasing agent, and potential property usage information. The division will collaborate with the secretary of state and other state agencies to collect and verify the registry's information, and will develop specific rules for data collection and maintenance. Local entities like municipalities and economic development agencies can suggest entries for the registry. The bill mandates that this online resource must be made available within one year of the law's effective date, which will occur 180 days after it is signed into law. The primary goal is to provide transparency and support for small business owners seeking commercial spaces by creating a centralized, accessible database of vacant storefronts.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (2)

Last Action

REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS (on 01/07/2026)

bill text


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