Study and report on fees and costs required to start and maintain a small business.
Introduced
Moved
Reached a final decision
Introduced Oct 10, 2024
Derived from the official record below.
Officially: “A Local Law in relation to a study and report on fees and costs required to start and maintain a small business” Read the full text
Small Business
What it does
This bill would require the Department of Small Business Services (SBS) to conduct a study of fees and costs required to start and maintain a small business, and to post online and issue to the Mayor and Speaker of the Council a report that includes recommendations to reduce or offset such fees and costs. The study and report would have a distinct focus on regulatory compliance fees and costs, and on fees and costs unique to small businesses that are minority or women-owned business enterprises (M/WBEs) and to small businesses located in neighborhoods underserved by public transportation.
Summary written by City Council staff, from the official record. Plain-language AI rewrite with cited sections coming. Not legal advice.
Where it is
Introduced by Council · Oct 10, 2024
Referred to Comm by Council · Oct 10, 2024
Hearing Held by Committee · Jan 30, 2025
Committee on Small Business
Hearing Held by Committee · Jan 30, 2025
Committee on Economic Development
Laid Over by Committee · Jan 30, 2025
Committee on Economic Development
Laid Over by Committee · Jan 30, 2025
Committee on Small Business
Who decides next
This bill sits with the Small Business committee. These members decide whether it ever reaches a vote; 99% of bills a committee approves become law.
Shanel Thomas-Henry · chairFrank MoranoKayla SantosuossoSelvena N. Brooks-PowersShahana K. HanifVirginia MaloneyYusef Salaam
Official documents
Summary of Int. No. 1082
officialInt. No. 1082
officialOctober 10, 2024 - Stated Meeting Agenda
officialHearing Transcript - Stated Meeting 10-10-24
officialCommittee Report 1/30/25
officialHearing Testimony 1/30/25
officialHearing Transcript 1/30/25
officialFiscal Impact Statement - City Council
officialFiscal Impact Statement - OMB
officialMinutes of the Stated Meeting - October 10, 2024
officialStraight from the Council record: fiscal impact statements, committee reports, and hearing transcripts as filed.
The numbers
10
sponsors on the bill
Sponsors
Mercedes NarcisseJustin L. BrannanSelvena N. Brooks-PowersShahana K. HanifRobert F. HoldenShekar KrishnanChris BanksLynn C. SchulmanCarmen N. De La RosaInna Vernikov
Every fact on this page links to its source, starting with the official bill record. Last action: Laid Over by Committee (Jan 30, 2025).