New York
New York is a leader in enacting new policies or regulations, and other states, particularly in the Northeast and Mid-Atlantic, often follow New York’s lead and adopt similar policy proposals. New York is home to over 2 million small businesses (SMBs) employing over 4 million people. Policymakers must take new regulations’ impacts on SMBs into account before supporting legislation.
Key Policy Issues
Privacy
The New York Privacy Act (NY State SB S365A & NY State AB A7423A)
Overview: More than 75% of New York small businesses use digital advertising to grow their businesses. These small businesses will be hurt if New York laws restrict how digital advertisers use basic consumer data, including location, device, language preference, and interests. If S365/A7423 results in less data available to power digital advertisements, ads will become less relevant to consumers, more expensive for small advertisers, and small publishers’ advertising inventory will be less valuable. National advertisers and mass media will win; small businesses will be hurt.
Status: SB S365B passed the NY State Senate and was delivered to the NY State Assembly. However, this bill did not advance, and failed in the 2024 session. Despite its failure, it will almost certainly be reintroduced next year.
Status: AB A7423A was introduced and was in the committee assembly. However, this bill did not advance, and failed in the 2024 session. Despite its failure, it has the potential to be reintroduced in the next year.
Digital Economy
“Abuse of Dominance” Bills (NY State SB S6748 & NY State AB A1812A)
Overview: These bills aim to regulate some of America’s leading digital platforms used by millions of small businesses, including Amazon’s online marketplace, Google’s search and advertising platforms and app store business, Meta’s Facebook, and Apple’s app stores. While these bills would make it illegal for these platforms, or any platform that meets an arbitrary definition of “dominant,” to engage in any practices that harm competitors, they would also cause a slew of adverse impacts on SMBs. New research from the Data Catalyst Institute shows that SMBs that create and sell physical goods would lose $41 billion annually, or $155,600 per year per business if New York passed a standalone bill targeting companies like Google, Apple, Facebook, and Amazon.
Status: Status: SB S6748 passed the NY State Senate. However, this bill did not advance, and failed in the 2024 session. Despite its failure, it has the potential to be reintroduced in the next year.
Key Officials
Send a letter to your representatives in New York urging them to veto harmful legislation.
New York small business leaders, make your voice heard
Send a letter to your representatives in New York urging them to veto harmful legislation.