Establishes the New York small business relief fund to provide grants to small businesses suffering economic hardship due to COVID-19; allows tax.

New York Assembly Bill A03618 creates the New York small business relief fund to provide grants to small businesses that have experienced economic hardship due to the COVID-19 pandemic. The fund will receive contributions from taxpayers who can elect to donate to it. The fund will be jointly managed by the commissioner of taxation and finance and the comptroller. Monies in the fund, after legislative appropriation, will be used to grant relief to small businesses.

Establishes the New York small business relief fund to provide grants to small businesses suffering economic hardship due to COVID-19; allows tax.

New York Assembly Bill A03618 creates the New York small business relief fund to provide grants to small businesses that have experienced economic hardship due to the COVID-19 pandemic. The fund will receive contributions from taxpayers who can elect to donate to it. The fund will be jointly managed by the commissioner of taxation and finance and the comptroller. Monies in the fund, after legislative appropriation, will be used to grant relief to small businesses.