Bill > A09383

This bill expands the START-UP NY program, which provides tax incentives for businesses located on or near university campuses, to include medical practices that provide primary care services. Specifically, the bill modifies existing economic development law to remove restrictions on medical and dental practices participating in the program. The changes remove previous language that excluded medical practices from the program and deletes a provision that limited properties of certain medical centers from participating. The bill also removes specific references to properties of downstate medical center in Nassau, Suffolk, Westchester counties, and New York City. By making these amendments, the legislation broadens the eligibility for medical primary care providers to take advantage of tax benefits under the START-UP NY program, potentially encouraging more healthcare businesses to establish or expand near state university campuses. The changes will take effect immediately upon enactment.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A9383