New York legislation · 2025-2026 General Assembly
New York A10851: Extends the reporting deadline of the advisory panel on employee-owned enterprises to 2027
Status: Signed into law, June 26, 2026
Extends the reporting deadline of the advisory panel on employee-owned enterprises from June 30, 2026 to June 30, 2027; extends for one year the advisory panel on employee-owned enterprises which is tasked with reporting and making recommendations on how best to support such businesses and promote the formation and growth of new employee-owned enterprises in New York state.
What the bill says
An act to amend the economic development law, in relation to extending the reporting deadline of the advisory panel on employee-owned enterprises; and to amend chapter 435 of the laws of 2017 amending the economic development law relating to establishing an advisory panel on employee-owned enterprises within the division of small business services, in relation to the effectiveness thereof.
From the introduced text, April 7, 2026:
AN ACT to amend the economic development law, in relation to extending the reporting deadline of the advisory panel on employee-owned enterprises; and to amend chapter 435 of the laws of 2017 amending the economic development law relating to establishing an advisory panel on employee-owned enterprises within the division of small business services, in relation to the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 5 of section 139 of the economic development law, as amended by chapter 145 of the laws of 2025, is amended to read as follows: 5. Reporting. The advisory panel shall issue a report no later than June thirtieth, two thousand [twenty-six] TWENTY-SEVEN outlining the findings and recommendations of the panel. The report shall be delivered to the governor, the speaker of the assembly, the temporary president of the senate, the minority leader of the assembly, the minority leader of the senate, the chair of the assembly committee on ways and means, the chair of the senate committee on finance, the chair of the assembly committee on economic development, the chair of the assembly committee on small business, the chair of the senate committee on commerce, economic development, and small business, the chair of the assembly committee on labor, and the …
Sponsors
- Albert Stirpe (D, 127) · primary sponsor
Latest actions
- : SIGNED CHAP.143
- : DELIVERED TO GOVERNOR
- : RETURNED TO ASSEMBLY
- : PASSED SENATE
- : 3RD READING CAL.1592
- : SUBSTITUTED FOR S10575
- : REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
- : DELIVERED TO SENATE
- : PASSED ASSEMBLY
- : ADVANCED TO THIRD READING CAL.386
Votes
- Senate Floor Vote (June 2, 2026): 61 yea, 0 nay, passed
- FLOOR Vote (June 2, 2026): 61 yea, 0 nay, passed
- Assembly Floor Vote - Final Passage (April 28, 2026): 138 yea, 0 nay, passed
- Assembly Economic Development Committee: Favorable (April 21, 2026): 24 yea, 0 nay, passed
Subjects: Economic Development Law
Common questions
- What is A10851?
- A10851 is a bill in the New York Legislature (2025-2026 General Assembly): Extends the reporting deadline of the advisory panel on employee-owned enterprises to 2027.
- What does A10851 do?
- In its own words: An act to amend the economic development law, in relation to extending the reporting deadline of the advisory panel on employee-owned enterprises; and to amend chapter 435 of the laws of 2017 amending the economic development law relating to establishing an advisory panel on employee-owned enterprises within the division of small business services, in relation to the effectiveness thereof.
- What is the status of A10851?
- Signed into law as of June 26, 2026. Latest action: SIGNED CHAP.143 (June 26, 2026).
- Who sponsored A10851?
- Albert Stirpe (D, 127).
- Where is the official record for A10851?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A10851
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.