Bill > A08411

This bill extends the reporting deadline and effectiveness of the advisory panel on employee-owned enterprises in New York state by one year. Specifically, the bill changes the current reporting deadline from June 30, 2025 to June 30, 2026 and extends the panel's expiration date from October 1, 2025 to October 1, 2026. The advisory panel, which is part of the division of small business services, is tasked with studying and making recommendations on how to support and promote employee-owned businesses in New York. The report will be delivered to various state officials, including the governor, legislative leaders, and chairs of relevant committees in the Senate and Assembly. The bill ensures that the panel continues its work of exploring strategies to help employee-owned enterprises grow and succeed, providing an additional year for research and recommendations.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A8411