Provides that microbusinesses in New York are eligible for small business revolving loans and the linked deposit interest rate reductions

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 11 Sponsors

Provides that microbusinesses in New York are eligible for small business revolving loans and the linked deposit interest rate reductions.

Chamber: Senate
Introduced: Mar 4, 2025
Last action: Mar 4, 2026 — REPORTED AND COMMITTED TO FINANCE
Session: 2025-2026
Momentum: 55 · Moderate

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Passed First Chamber — base rate 16%, measured from NY's completed sessions
Momentum +1 55/100 from the pace of recorded action
Time since last action -22 228 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.