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Senate bill · S6756 (2025-26)

Relates to the definition of business entity; and relates to the allowance and application of the newspaper and broadcast media jobs tax credit

Latest action Jun 5, 2025

Summary

Includes not-for-profit corporations and public television or radio corporations in the definition of business entity; allows such entities to claim the newspaper and broadcast media jobs tax credit.

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Where it stands

Passed one of the two chambers; it still needs the other.

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

New York State Senate

Same as A7567, the matching bill in the Assembly.

Amends the Economic Development Law.

Committee

Commerce, Economic Development And Small Business · New York State Senate

Purpose, from the sponsor's memo

Section 1 amends the economic development law to include nonprofit corporations in the definition of business entity Section 2 amends the tax law to ensure that nonprofit news outlets be allowed to access the newspaper and broadcast media jobs tax credit Section 3 amends the tax law to ensure that nonprofit news outlets be allowed to access the newspaper and broadcast media jobs tax credit Section 4 is the effective date.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Recorded votes

  • Vote: Floor vote

    NY SenateJun 5, 2025Result: passed

    (43) (17) (0) (3)

  • Vote: Committee vote · Commerce, Economic Development And Small Business

    Senate Commerce, Economic Development And Small BusinessMay 21, 2025Result: passed

    (6) (3) (0) (0)

Cosponsors

Christopher Ryan, Leroy Comrie and 3 more on Agora

  • Democratic5
See the full list on nysenate.gov (opens in a new tab)

The sponsor's argument

Why the sponsor says this is needed

The Local Journalism Sustainability Act was included in the enacted budget of 2024. This bill clarifies that nonprofit corporations and public television or radio corporations are eligible to access the tax credit created under the Act. Nonprofit journalism entities must be explicitly included in the program to ensure the program truly sustains the journalistic ecosystem. Public interest journalism depends on equi- table access to this financial support. The effective date for the legislation is the same as the effective date of the Local Journalism Sustainability Act in an effort to maintain parity between news outlets.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Full history

  1. Jun 5, 2025

    Sent to the executive

    DELIVERED TO ASSEMBLY

    NY Senate

  2. Jun 5, 2025

    Passed a chamber

    PASSED SENATE

    NY Senate

  3. Jun 5, 2025

    Referred to committee

    REFERRED TO ECONOMIC DEVELOPMENT

    NY Assembly

  4. May 27, 2025

    Advanced to Third Reading

    ADVANCED TO THIRD READING

    NY Senate

  5. May 22, 2025

    2ND Report CAL.

    2ND REPORT CAL.

    NY Senate

Show full history (3 earlier events)
  1. May 21, 2025

    1ST Report CAL.1276

    1ST REPORT CAL.1276

    NY Senate

  2. Mar 25, 2025

    Amend and Recommit to Commerce, Economic Development and Small Business

    AMEND AND RECOMMIT TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

    NY Senate

  3. Mar 24, 2025

    Referred to committee

    REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

    NY Senate

About this record

Summary

The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.

Cosponsors

The list shows the cosponsors who are on Agora, A to Z. The official record may list more.

Party colors

Parties are shown in the same neutral colors.

Source

From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Nov 2, 2026. About our data

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