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Who cares
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Sponsors
No co-sponsors yet.
History
- Substituted by A4091
- Advanced to third reading
- 2nd report cal.
- 1st report cal.537
- Referred to finance
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Requires certain state agencies, departments or authorities to establish mentor-protege programs for small, minority, and women-owned businesses
Signed by Governor · Sponsor Joan Millman
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the state finance law, in relation to establishing a mentor-protege program for small and minority and women-owned business concerns
Purpose
To establish mentor-protege programs in certain state agencies, departments and authorities to develop the capabilities of small, minority and women-owned business concerns.
Summary of provisions
Would require every state agency, department and authority which has let. more than $10 million in service and construction contracts in the prior fiscal year to institute a mentor-protege program. The Chief Executive Officer of each agency, in consultation with the Department of Economic Development's Division of Minority and Women's Business Development and Division for Small Business, would establish requirements for approval of contractors acting as mentor firms, requirements for protege firms, and requirements for a process for establishing mentor-protege agreements.
Justification
Mentor-protege programs create partnerships between established, experienced state contractors and emerging small, minority or women-owned businesses. Two public authorities, the New York City School Construction Authority and the Port Authority of New York and New Jersey, have established mentor-protege programs which have been highly successful in enhancing the capabilities of small and minority and women-owned business concerns and creating sources of reliable contractors and subcontractors for public projects. The federal government has had an active mentor-protege program since 1991, and numerous states including Ohio, Texas, Delaware and Minnesota have programs as well. The bill would extend this successful and proven program to all large New York state agencies and public authorities.
Legislative history
2005-06: A.9068; Passed Assembly 145-0, Referred to Senate Finance.
Fiscal implications
None of specific note.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.