In the last week of the New York State legislative session, the Senate and Assembly passed S8432/A8662-A. As of Oct. 22, 2025, this legislation has not been sent to the governor for her signature. Assuming Gov. Hochul signs the legislation into law, it would change New York’s current alignment with the Corporate Transparency Act (CTA), thereby modifying the New York specific reporting requirements.
Amended New York Transparency Act Broadens Entity Reporting Obligations Beyond Federal Standards
