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A 3708 New York Assembly · 2025 Regular Session

Directs a study on establishing a venture capital tax credit for investments to emerging diverse founding member businesses

Summary
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.
Issues: ✓ Budget & TaxesSupports Budget & TaxesProposes study for venture capital tax credit, a tax relief measure for businesses, aligning with support indicators for tax policy.85% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 30, 2025 Last action Jan 7, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO GOVERNMENTAL OPERATIONS
lower
Jan 30, 2025
Committee
REFERRED TO GOVERNMENTAL OPERATIONS
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of George Alvarez
George Alvarez
DDemocratic
NY
78