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S6467Senate2015-2016 SessionSame asA8700

Relates to a minority and women-owned business enterprise participation goal requirement in order to receive grant or appropriation money

Sponsor James Sanders Jr.SD-10+3 co-sponsorsAffects Finance
Status
In Senate Committee
Finance
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Finance

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Who cares

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Sponsors

Primary sponsor
James Sanders Jr.

Senator · Senate District 10

History

  1. Referred to finance

Companion bill

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 a minority and women-owned business enterprise participation goal requirement in order to receive grant or appropriation money

Purpose

To widen opportunities for Minority and Women Owned Business Enterprises (MWBEs) throughout the state of New York.

Summary of provisions

Section 1. Section 4 of the state finance law is amended by adding a new subdivision 12 to read as follows:

12. Any grant or appropriation of money to a municipality or locality by the state for the procurement of goods and services shall require such municipality be in compliance with the goals for minority and women-owned business enterprise participation pursuant to sections three hundred twelve and three hundred thirteen of the executive law. Municipality, for purposes of this subdivision, shall mean any village, town, city, county, or school district within the state. Such requirement shall also apply to any entity who subcontracts with a municipality or locality. Nothing in this section shall supersede an applicant's or recipient's ability to use a waiver as prescribed by such sections.

Existing law

The state Minority and Women Owned Business Enterprises goals do not currently apply to municipalities.

Justification

To increase economic development opportunities for Minority and Women Owned Business Enterprises in New York State.

Legislative history

None

Local fiscal implications

EFFECTIVE DATE : This act shall take effect immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.