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New York · 2025 Regular Session · Bill

S 9520: Relates to small business savings accounts

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

S 9520 is a bill introduced in the New York Senate on March 19, 2026. According to its official title, it concerns: Relates to small business savings accounts. Primary sponsor: April Baskin (Democratic). It lists 8 additional sponsors. Most recent recorded action (March 19, 2026): REFERRED TO INVESTIGATIONS AND GOVERNMENT 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.

Relates to small business savings accounts; provides tax incentives for contributions and distributions.

Sponsors

Sponsors by party (alphabetical): Democratic 7 · Democratic/Working Families 2

NameRolePartyChamberDistrict
April BaskinPrimary sponsorDemocraticSenate63
Cordell CleareCo-sponsorDemocraticSenate30
Leroy ComrieCo-sponsorDemocraticSenate14
Jeremy CooneyCo-sponsorDemocratic/Working FamiliesSenate56
Nathalia FernándezCo-sponsorDemocraticSenate34
Rachel MayCo-sponsorDemocratic/Working FamiliesSenate48
Zellnor MyrieCo-sponsorDemocraticSenate20
Chris RyanCo-sponsorDemocraticSenate50
Jessica Scarcella-SpantonCo-sponsorDemocraticSenate23

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source