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Senate Bill S6589

2025-2026 Legislative Session

Establishes the "save our small-business grant program" to aid certain small businesses impacted by the COVID-19 pandemic

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Sponsored By

Current Bill Status - In Senate Committee Commerce, Economic Development And Small Business Committee

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2025-S6589 (ACTIVE) - Details

See Assembly Version of this Bill:
A4101
Current Committee:
Senate Commerce, Economic Development And Small Business
Law Section:
Economic Development Law
Laws Affected:
Add §139-a, Ec Dev L
Versions Introduced in Other Legislative Sessions:
2021-2022: S4691
2023-2024: S7314, A4103

2025-S6589 (ACTIVE) - Summary

Establishes the "save our small-business grant program" to aid certain small businesses impacted by the COVID-19 pandemic.

2025-S6589 (ACTIVE) - Sponsor Memo

2025-S6589 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6589
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                              March 18, 2025
                                ___________
 
 Introduced  by  Sen.  CANZONERI-FITZPATRICK  --  read  twice and ordered
   printed, and  when  printed  to  be  committed  to  the  Committee  on
   Commerce, Economic Development and Small Business
 
 AN  ACT to amend the economic development law, in relation to establish-
   ing the "save our small-business grant program" to aid  certain  small
   businesses  impacted  by  the COVID-19 pandemic; and providing for the
   repeal of such provisions upon expiration thereof
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.    The economic development law is amended by adding a new
 section 139-a to read as follows:
   § 139-A. SAVE OUR SMALL-BUSINESS GRANT PROGRAM.  1. FOR  THE  PURPOSES
 OF  THIS SECTION, THE "SAVE OUR SMALL-BUSINESS GRANT PROGRAM" SHALL MEAN
 THE PROGRAM ESTABLISHED PURSUANT TO SUBDIVISION TWO OF THIS SECTION.
   2. THE DIVISION FOR SMALL-BUSINESS, IN CONJUNCTION  WITH  THE  STATE'S
 REGIONAL  ECONOMIC  DEVELOPMENT  COUNCILS, SHALL DEVELOP AND IMPLEMENT A
 SAVE OUR SMALL-BUSINESS GRANT PROGRAM TO AID  SMALL-BUSINESSES  IN  THIS
 STATE  IMPACTED  BY  THE  COVID-19  PANDEMIC,  IN  ACCORDANCE  WITH  THE
 PROVISIONS OF THIS SECTION.
   3. THE STATE'S REGIONAL ECONOMIC DEVELOPMENT  COUNCILS  SHALL  PROVIDE
 THE FUNDS NECESSARY TO OPERATE THE SAVE OUR SMALL-BUSINESS GRANT PROGRAM
 IN ACCORDANCE WITH THE PROVISIONS OF THIS SECTION.
   4.  THE  DIVISION  FOR SMALL-BUSINESS, IN CONJUNCTION WITH THE STATE'S
 REGIONAL ECONOMIC DEVELOPMENT COUNCILS,  SHALL  DEVELOP  AN  APPLICATION
 PROCESS  WHEREBY  SMALL-BUSINESSES  LOCATED  IN THIS STATE MAY SUBMIT AN
 APPLICATION FOR A GRANT TO THE SAVE OUR  SMALL-BUSINESS  GRANT  PROGRAM.
 THE SAVE OUR SMALL-BUSINESS GRANT PROGRAM SHALL PROCESS AND APPROVE SUCH
 APPLICATIONS  IN A MANNER TO BE DETERMINED BY THE DIVISION FOR SMALL-BU-
 SINESS IN CONJUNCTION WITH THE  STATE'S  REGIONAL  ECONOMIC  DEVELOPMENT
 COUNCILS.   SUCH APPLICATION PROCESS SHALL BE PUBLISHED CONSPICUOUSLY ON
 THE REGIONAL ECONOMIC DEVELOPMENT COUNCILS' WEBSITE. FOR  A  SMALL-BUSI-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03379-01-5

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