WeVote
Log In

Bill

Bill

S 7014

Relates to businesses with fewer than twenty employees

2025 Regular Session Introduced by Steve Rhoads

Aims to help very small firms (fewer than 20 employees) with unspecified relief programs; fiscal impact and specifics to be set by Budget and Revenue as the bill advances.

REFERRED TO BUDGET AND REVENUE
0
WeVote Research Nonpartisan
Bill Summary · S 7014

Summary of Senate Bill S 7014

Overview

Senate Bill S 7014 is a measure described as relating to businesses with fewer than twenty employees. The available information does not include the bill text, so the specific provisions are not detailed here. The title indicates a focus on small businesses, potentially addressing regulatory, tax, or financial support issues, but the exact scope will be defined in the bill’s text.

Status and Timeline

  • Introduced: March 28, 2025
  • Legislative action: Referred to Budget and Revenue on March 28, 2025 (listed twice in the record)
  • Current status: Referred to Budget and Revenue (no further action listed)

Note: Referred to the Budget and Revenue committee typically signals a review of the bill’s fiscal impact, funding mechanisms, and potential budgetary implications.

Sponsor and Related Legislation

  • Primary sponsor: Steve Rhoads
  • Related/companion bill: A 8752 (listed as a companion)
    • Companion bills often exist in both the Senate (S) and Assembly (A) to address the same policy in different chambers.

What the Bill Would Do (Based on Available Information)

  • The only concrete detail provided is the bill’s focus on “businesses with fewer than twenty employees.”
  • The exact provisions—such as eligibility criteria, targeted programs (tax relief, regulatory relief, grants or subsidies, reporting obligations, or workforce development measures), funding, and implementation timeline—are not included in the information provided. The fiscal impact and administration details would be clarified in the bill text and any accompanying fiscal notes.

Potential Impact (High-Level Considerations)

  • Affected Parties: Small businesses with fewer than 20 employees, including owners, human resources, payroll, and any entities involved in compliance or eligibility for incentives.
  • Fiscal Implications: As it is referred to Budget and Revenue, the bill is expected to have implications for state or regional budgets, funding appropriations, or revenue considerations. The fiscal note would indicate costs, savings, or revenue changes.
  • Policy Implications: Depending on the actual provisions, impacts could include tax credits or exemptions for small employers, regulatory relief, streamlined compliance requirements, access to funding or grants, or targeted programs designed to support small-scale employment growth.

Next Steps and How to Track

  • Obtain the full bill text to review the precise provisions, definitions (e.g., what qualifies as “fewer than twenty employees”), implementation dates, and any sunset or renewal clauses.
  • Monitor committee hearings and any fiscal notes from the Budget and Revenue committee for dates, amendments, and votes.
  • Check for the Assembly companion (A 8752) for parallel provisions and potential cross-chamber agreement.

Additional Information to Seek

  • Exact definitions and key terms
  • Specific programs, credits, or relief mechanisms
  • Funding sources and appropriation amounts (if any)
  • Effective date and any sunset provisions
  • Any reporting or compliance requirements for small businesses

If you can provide the bill text or a link to the official bill page, I can produce a more detailed, provision-by-provision summary.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.