Int 0971-2026

Introduction

This bill requires that DCWP conduct a comprehensive one-time study and publish its findings, including policy recommendations, on the economic effects of private equity firms on small businesses in New York City. This study shall include an examination of business closures, worker displacement and job losses, revenue impacts on small businesses, loss of tax revenue, and other metrics that DCWP deems appropriate in relation to the healthcare, dental care, pharmacy, veterinary, childcare, education, food and hospitality, fitness and wellness, home services, and residential contractor sectors among others. DCWP shall further examine whether and how private equity firms interact with or benefit from contracting with the city.

Title
Mandating that the department of consumer and worker protection conduct a comprehensive one-time study and publish its findings on the economic effects of private equity firms on small businesses in New York city.
Type
Introduction
Status
Committee
Committee
Committee on Consumer and Worker Protection
Introduced
2026-07-16

Heard in committee

Topics

Sponsors

Money behind the sponsors

Money spent in the sponsors' 2025 election races, not on this bill. Outside spending is independent of the campaigns; PAC gifts went directly to a sponsor's campaign. NYC Campaign Finance Board.

Shared backers of the sponsors

Lobbying clients, PACs, or outside spenders tied to more than one of this bill's sponsors — through lobbying that named them, PAC gifts to their campaigns, or outside spending in their races. About the sponsors' money and lobbying, not a claim about this bill.

Sources