S6359 (2025-26 session)

NY State bill

Enacts the "microbusiness resiliency and growth act"; defines "microbusiness" as a business employing five or fewer persons, is resident in this state, is independently owned and operated, is not dominant in its field, and does not conduct its business transactions primarily over the internet; further provides for a segregated sales tax system for such microbusinesses.

Title
Enacts the "microbusiness resiliency and growth act"
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-01-07
In committee
Budget And Revenue
Introduced
2025-03-11
Same as
A4967
Law section
Tax Law

Sponsors

Heard in committee

Sources