Directs the comptroller and the commissioner of taxation and finance to study the feasibility of a venture capital tax credit for emerging diverse.

New York A03708 mandates the comptroller and the commissioner of taxation and finance to conduct a study on establishing a venture capital tax credit for investments in emerging businesses led by diverse founding teams. The study will evaluate equitable access to investment opportunities, promote diversity and inclusion, and foster growth of diverse founding member businesses. A report with recommendations and necessary legislative proposals will be submitted to the governor and legislature within one year of the act's effective date.

Directs the comptroller and the commissioner of taxation and finance to study the feasibility of a venture capital tax credit for emerging diverse.

New York A03708 mandates the comptroller and the commissioner of taxation and finance to conduct a study on establishing a venture capital tax credit for investments in emerging businesses led by diverse founding teams. The study will evaluate equitable access to investment opportunities, promote diversity and inclusion, and foster growth of diverse founding member businesses. A report with recommendations and necessary legislative proposals will be submitted to the governor and legislature within one year of the act's effective date.