---
type: "Bill"
title: "Relates to the excelsior linked deposit program and certified disabled veteran-owned business enterprises"
description: "Provides for no interest rate for certain linked loans for certified service-disabled veteran-owned business enterprises, projects to provide financing necessary to carry out a procurement contract with an agency or authority or other entity of the state or federal government; defines \"certified service-disabled veteran-owned business enterprise\" means any service-disabled veteran-owned business enterprise as provided for in section 369-H of the executive law and certified pursuant to section 369-I of the executive law; makes related provisions."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2021-2022"
identifier: "A 7728"
citation: "New York A 7728 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["STERN"]
version_count: 2
action_count: 22
vote_count: 3
first_action: "2021-05-20"
last_action: "2022-11-10"
source: "openstates"
source_identifier: "ocd-bill/62316d4f-cbb3-44f2-91b6-1ca85c993a32"
source_url: "http://www.nysenate.gov/legislation/bills/2021/A7728"
source_hash: "33d3b00f491ad8035a3695f9819cd325f38988b4227ddbb2431086be06e5b162"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ny"]
---

# New York A 7728 (2021-2022) — Relates to the excelsior linked deposit program and certified disabled veteran-owned business enterprises

Provides for no interest rate for certain linked loans for certified service-disabled veteran-owned business enterprises, projects to provide financing necessary to carry out a procurement contract with an agency or authority or other entity of the state or federal government; defines "certified service-disabled veteran-owned business enterprise" means any service-disabled veteran-owned business enterprise as provided for in section 369-H of the executive law and certified pursuant to section 369-I of the executive law; makes related provisions.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **A7728** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=A7728&term=2021&Text=Y)
2. **A7728A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2021/A7728A)

## Votes

- Floor Vote - Version: A — **61–0** (pass) · upper
- Assembly Vote - Vote 2 — **133–0** (pass) · lower
- Assembly Vote — **148–0** (pass) · lower

## Sponsors

- STERN — primary (person)
- BARRON — cosponsor (person)
- BRABENEC — cosponsor (person)
- BRONSON — cosponsor (person)
- GRIFFIN — cosponsor (person)
- SANTABARBARA — cosponsor (person)
- STIRPE — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-05-20** REFERRED TO ECONOMIC DEVELOPMENT `referral-committee`
- **2021-05-24** REPORTED REFERRED TO WAYS AND MEANS `referral-committee`
- **2021-06-01** REPORTED REFERRED TO RULES `referral-committee`
- **2021-06-02** REPORTED
- **2021-06-02** RULES REPORT CAL.402
- **2021-06-02** ORDERED TO THIRD READING RULES CAL.402
- **2021-06-03** PASSED ASSEMBLY `passage`
- **2021-06-03** DELIVERED TO SENATE
- **2021-06-03** REFERRED TO RULES `referral-committee`
- **2022-01-05** DIED IN SENATE
- **2022-01-05** RETURNED TO ASSEMBLY
- **2022-01-05** ORDERED TO THIRD READING CAL.273
- **2022-01-10** AMENDED ON THIRD READING 7728A `amendment-passage`
- **2022-02-17** PASSED ASSEMBLY `passage`
- **2022-02-17** DELIVERED TO SENATE
- **2022-02-17** REFERRED TO FINANCE `referral-committee`
- **2022-05-25** SUBSTITUTED FOR S7068A
- **2022-05-25** 3RD READING CAL.1435
- **2022-05-25** PASSED SENATE `passage`
- **2022-05-25** RETURNED TO ASSEMBLY
- **2022-11-09** DELIVERED TO GOVERNOR `executive-receipt`
- **2022-11-10** SIGNED CHAP.587 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/62316d4f-cbb3-44f2-91b6-1ca85c993a32`. Confidence: reported (aggregated from official New York legislature records).