New York A 9301: Establishes a state disaster emergency grant and loan program

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
A09301 Summary:

BILL NOA09301 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORSolages

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §858, add §859-c, Gen Muni L

&nbsp

Establishes a state disaster emergency grant and loan program administered by industrial development agencies for certain small businesses.

Go to top A09301 Actions:

BILL NOA09301 

&nbsp

12/10/2025referred to local governments

01/07/2026referred to local governments

Go to topA09301 Committee&nbspVotes:

Go to topA09301 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA09301 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 9301

 2025-2026 Regular Sessions

 IN ASSEMBLY

 December 10, 2025
 ___________

 Introduced by M. of A. SOLAGES -- read once and referred to the Commit-
 tee on Local Governments

 AN ACT to amend the general municipal law, in relation to establishing a
 state disaster emergency grant and loan program

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivisions 16 and 17 of section 858 of the general munic-
 2 ipal law, as renumbered by chapter 356 of the laws of 1993 are renum-
 3 bered subdivisions 18 and 19 and two new subdivisions 16 and 17 are
 4 added to read as follows:
 5 (16) To provide loans to small businesses as authorized in section
 6 eight hundred fifty-nine-c of this title;
 7 (17) To provide grants to small businesses, as defined in paragraph
 8 (b) of subdivision one of section eight hundred fifty-nine-c of this
 9 title, for the purpose of addressing qualified business losses, as
 10 defined in paragraph (e) of subdivision one of section eight hundred
 11 fifty-nine-c of this title, resulting from a state or local emergency,
 12 as defined in paragraph (c) of subdivision one of section eight hundred
 13 fifty-nine-c of this title, to be provided in a manner consistent with
 14 uniform criteria, as defined in subdivision three of section eight
 15 hundred fifty-nine-c of this title, said uniform criteria to be estab-
 16 lished for the evaluation and selection of eligible entities, as defined
 17 in paragraph (a) of subdivision one of section eight hundred
 18 fifty-nine-c of this title;
 19 § 2. The general municipal law is amended by adding a new section
 20 859-c to read as follows:
 21 § 859-c. Disaster emergency loan program. 1. For purposes of this
 22 section:
 23 (a) "eligible entity" shall mean a small business that:
 24 (i) is physically located in the jurisdiction of the applicable agen-
 25 cy; and

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08268-01-5

 A. 9301 2

 1 (ii) was operational prior to, and during, to the extent possible, the
 2 state or local emergency.
 3 (b) "small business" means a business with not more than fifty employ-
 4 ees.
 5 (c) "state or local emergency" means the period beginning with (i) a
 6 declaration by the governor pursuant to section twenty-eight of the
 7 executive law, that a disaster has occurred in New York state, or (ii) a
 8 proclamation by the chief executive, as defined in paragraph f of subdi-
 9 vision two of section twenty of the executive law, of any county, that a
 10 local state of emergency has occurred, and with respect to either of the
 11 foregoing, said period ending on the termination thereof.
 12 (d) "disaster emergency loan program" means a loan program to be
 13 administered by an agency in relation to a state or local emergency.
 14 (e) "qualified business losses" are defined as:
 15 (i) damage to a business's interior or exterior structure, caused by a
 16 state or local emergency;
 17 (ii) losses of inventory caused by a state or local emergency, includ-
 18 ing:
 19 (1) shipping delays; and
 20 (2) expiration of perishable goods due to power outages caused by the
 21 state or local emergency or forced closure due to the state or local
 22 emergency; and
 23 (iii) loss of revenue due to impacts of the state or local emergency.
 24 2. Any agency may administer a disaster emergency loan program to
 25 provide loans from available revenue to such an eligible entity as
 26 defined in subdivision one of this section.
 27 3. (a) An agency shall develop, and adopt