A Local Law in relation to a study and report on fees and costs required to start and maintain a small business

Summary

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.

Official summary of legislation · NYC Council