A 2503 New York Assembly · 2025 Regular Session

Relates to reporting requirements for the START-UP NY program

This bill adds new reporting requirements for New York's START-UP NY program, which offers tax benefits to businesses locating near state universities. It requires businesses in tax-free NY areas to publicly share their names, addresses, and annual job creation metrics, and mandates annual reports to the governor and legislature detailing program participation, job creation, and investment. The state must also publish a public program report on its website by March 1 each year, including job data and industry types. These changes aim to increase transparency about how the program is performing and ensure businesses maintain eligibility for tax benefits.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2025 Last action Jan 7, 2026
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2
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0
Committee
2
Jan 7, 2026
Committee
REFERRED TO ECONOMIC DEVELOPMENT
lower
Jan 17, 2025
Committee
REFERRED TO ECONOMIC DEVELOPMENT
lower
1 primary · 1 co-sponsor

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