The BCW is among 37 business organizations statewide that are urging Gov. Hochul to veto S.8432 (Hoylman-Sigal)/A.8662 (Gallagher), which would require small businesses organized as Limited Liability Companies (LLCs) to disclose confidential and personally identifiable information to the New York State Department of State (DOS). The group notes that if signed into law, the legislation will undoubtedly place an additional regulatory and cost burden on small businesses, at a time when they are facing increasing economic uncertainty and excessive costs. It will lead to greater confusion, hefty fines, and business suspensions, and will make New York a less competitive place […]