New York · 2025 Regular Session · Bill
A 3708: Directs a study on establishing a venture capital tax credit for investments to emerging diverse founding member businesses
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
A 3708 is a bill introduced in the New York House on January 30, 2025. According to its official title, it concerns: Directs a study on establishing a venture capital tax credit for investments to emerging diverse founding member businesses. Primary sponsor: George Alvarez (Democratic). Most recent recorded action (January 7, 2026): REFERRED TO GOVERNMENTAL OPERATIONS.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Directs the comptroller and the commissioner of taxation and finance to undertake a study on the feasibility of establishing a venture capital tax credit for investments to emerging diverse founding member businesses.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| George Alvarez | Primary sponsor | Democratic | House | 78 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO GOVERNMENTAL OPERATIONS
- REFERRED TO GOVERNMENTAL OPERATIONS