Bill Commons

NY A 11055

in committee

Establishes the New York rural growth fund tax credit and the New York rural growth fund

New York · 2025-2026 Regular Session · lower

Quick answers

Did NY A 11055 pass?

Not yet. NY A 11055 is in committee as of 2026-04-24 and has not come to a final vote. Latest recorded action (2026-04-24): REFERRED TO WAYS AND MEANS

What is NY A 11055 about?

Establishes the New York rural growth fund tax credit and the New York rural growth fund; provides that individuals who develop a business plan to invest in rural business in New York and have successfully solicited private investors to make capital contributions in support of such business plan may apply to the department of economic development for certification as a rural business growth fund; provides that if approved, tax credits shall be issued in an aggregate amount equal to seventy percent of the eligible investment authority; defines terms; provides for penalties; requires reporting.

Who sponsors NY A 11055?

Paula Kay is the primary sponsor of NY A 11055.

Description

Establishes the New York rural growth fund tax credit and the New York rural growth fund; provides that individuals who develop a business plan to invest in rural business in New York and have successfully solicited private investors to make capital contributions in support of such business plan may apply to the department of economic development for certification as a rural business growth fund; provides that if approved, tax credits shall be issued in an aggregate amount equal to seventy percent of the eligible investment authority; defines terms; provides for penalties; requires reporting.

Introduced
—
Latest action
2026-04-24 — REFERRED TO WAYS AND MEANS
Bill type
bill
Last updated
—

Sponsors

  • Paula Kayprimary

Committees

Not provided by source.

Action timeline

  1. 2026-04-24

    REFERRED TO WAYS AND MEANS

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/A11055?summary=&detail=

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=NY&identifier=A 11055. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

See the methodology page for data sources and limitations.