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Christopher Ryan

Sponsor · State Senator, District 50 · Democratic

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Senate bill · S9625 (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 May 13, 2026

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

Out of committee and scheduled for a vote by the full chamber.

  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: Committee vote · Commerce, Economic Development And Small Business

    Senate Commerce, Economic Development And Small BusinessMay 13, 2026Result: passed

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

The sponsor's argument

Why Christopher Ryan 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. May 13, 2026

    Reported out of committee

    REPORTED AND COMMITTED TO FINANCE

    NY Senate

  2. Apr 9, 2026

    Amend and Recommit to Economic Development

    AMEND AND RECOMMIT TO ECONOMIC DEVELOPMENT

    NY Assembly

  3. Mar 30, 2026

    Referred to committee

    REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

    NY Senate

  4. Jan 7, 2026

    Referred to committee

    REFERRED TO ECONOMIC DEVELOPMENT

    NY Assembly

  5. Apr 1, 2025

    Referred to committee

    REFERRED TO ECONOMIC DEVELOPMENT

    NY Assembly

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 Oct 21, 2026. About our data

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