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Assembly bill · A3708 (2025-26)

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

New York State Assembly

Latest action Jan 7, 2026

Sponsor: George Alvarez (Assembly Member, District 78, Democratic)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 18, 2026. About our data

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.

Summary from NY Open Legislation. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Governmental Operations · New York State Assembly

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Cosponsors

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  • Democratic1

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Full history

  1. Jan 7, 2026

    Referred to committee

    REFERRED TO GOVERNMENTAL OPERATIONS

    NY Assembly

  2. Jan 30, 2025

    Referred to committee

    REFERRED TO GOVERNMENTAL OPERATIONS

    NY Assembly

Read the record