In an effort to better support the smallest and most vulnerable small businesses, this legislation defines the term “microbusiness” and requires the Department of Small Business Services to report on the number of microbusiness registered and doing business in the City of New York.
- Introduced
History
Int. No.
By Council Member Gjonaj
A Local Law to amend the administrative code of the city of New York, in relation to microbusinesses
Be it enacted by the Council as follows:
Section 1. Section 22-1001 of the administrative code of the city of New York, as added by local law number 208 for the year 2017, is amended to read as follows:
§ 22-1001 Definitions. As used in this chapter, the following terms have the following meanings:
Commissioner. The term “commissioner” means the commissioner of small business services.
Department. The term “department” means the department of small business services.
Microbusiness. The term “microbusiness” means a business that is independently owned and operated, not dominant in its field, with nine or fewer full-time employees or full-time equivalent employees.
§ 2. Chapter 10 of title 22 of the administrative code of the city of New York is amended by adding a new section 22-1003 to read as follows:
§ 22-1003 a. Microbusiness report. Beginning on January 1, 2019, and annually thereafter, the department shall submit to the council and post on its website, a list of the number of the microbusinesses registered and doing business in the city.
b. Such list shall be disaggregated by:
1. The borough, community district, council district and zip code of the address where such microbusiness is registered; and
2. Industry, pursuant to the most recent industry classifications standards of the north American industry classification system
§ 3. This local law takes effect immediately.
SSY
LS # 6399
6/5/2018