Albany, NY – Senator Rath has introduced his first bill as a new member of the New York State Senate.
The bill, S.4691, would establish the “save our small businesses grant program” which would aid small businesses impacted by the COVID-19 pandemic.
“Aiding small businesses and helping our communities come back stronger is critically important. This bill will help provide much needed financial support for our struggling businesses and economy,” said Senator Ed Rath.
The State’s Regional Economic Development Councils will provide the funds and help facilitate the implementation and roll out of the “save our small businesses grant program.”
“As COVID-19 restrictions begin to lift, this becomes even more important. We must assure that our businesses have the means to reopen and rehire to ensure financial stability. It is crucial that our Regional Economic Development Councils shift their attention to supporting our existing businesses. We owe it to them to offer any assistance we can during these trying times, especially because many are suffering as a result of State mandates,” said Senator Ed Rath.
The bill was submitted to the State Committee on Commerce, Economic Development and Small Business for consideration.