Fabio
84 lines
3.4 KiB
Markdown
84 lines
3.4 KiB
Markdown
---
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type: "Bill"
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title: "Allows businesses to use funds received from the minority and women-owned business development and lending program for the purpose of refinancing existing debt"
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description: "Allows businesses to use funds received from the minority- and women-owned business development and lending program for the purpose of refinancing existing debt."
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jurisdiction: "us/states/ny"
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legislature: "New York Legislature"
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session: "2021-2022"
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identifier: "S 571"
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citation: "New York S 571 (2021-2022)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["SANDERS"]
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version_count: 1
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action_count: 23
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vote_count: 5
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first_action: "2021-01-06"
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last_action: "2022-10-06"
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source: "openstates"
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source_identifier: "ocd-bill/73e9ce9b-cf66-4552-8cb0-a4388ab393f9"
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source_url: "http://www.nysenate.gov/legislation/bills/2021/S571"
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source_hash: "a447238488bae7f6902d36042325b2ca240829aa0bf7e33510b32ce01b8cad57"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ny"]
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---
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# New York S 571 (2021-2022) — Allows businesses to use funds received from the minority and women-owned business development and lending program for the purpose of refinancing existing debt
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Allows businesses to use funds received from the minority- and women-owned business development and lending program for the purpose of refinancing existing debt.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **S571** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S571&term=2021&Text=Y)
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## Votes
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- Floor Vote — **63–0** (pass) · upper
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- Corporations, Authorities And Commissions Vote — **7–0** (pass) · upper
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- Assembly Vote — **148–0** (pass) · lower
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- Floor Vote — **63–0** (pass) · upper
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- Corporations, Authorities And Commissions Vote — **7–0** (pass) · upper
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## Sponsors
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- SANDERS — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-01-06** REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS `referral-committee`
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- **2021-02-09** 1ST REPORT CAL.319
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- **2021-02-10** 2ND REPORT CAL.
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- **2021-02-22** ADVANCED TO THIRD READING
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- **2021-03-10** PASSED SENATE `passage`
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- **2021-03-10** DELIVERED TO ASSEMBLY
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- **2021-03-10** REFERRED TO ECONOMIC DEVELOPMENT `referral-committee`
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- **2022-01-05** DIED IN ASSEMBLY
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- **2022-01-05** RETURNED TO SENATE
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- **2022-01-05** REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS `referral-committee`
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- **2022-01-25** 1ST REPORT CAL.326
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- **2022-01-26** 2ND REPORT CAL.
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- **2022-01-31** ADVANCED TO THIRD READING
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- **2022-02-01** PASSED SENATE `passage`
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- **2022-02-01** DELIVERED TO ASSEMBLY
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- **2022-02-01** REFERRED TO ECONOMIC DEVELOPMENT `referral-committee`
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- **2022-05-24** SUBSTITUTED FOR A6420
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- **2022-05-24** ORDERED TO THIRD READING RULES CAL.402
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- **2022-05-24** PASSED ASSEMBLY `passage`
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- **2022-05-24** RETURNED TO SENATE
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- **2022-10-05** DELIVERED TO GOVERNOR `executive-receipt`
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- **2022-10-06** SIGNED CHAP.568 `executive-signature`
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- **2022-10-06** APPROVAL MEMO.19
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/73e9ce9b-cf66-4552-8cb0-a4388ab393f9`. Confidence: reported (aggregated from official New York legislature records).
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