What's happening
This bill makes permanent certain provisions expanding opportunities for service-disabled veteran-owned business enterprises in New York.
Why it matters
Ensures long-term stability for service-disabled veteran-owned businesses. by removing the expiration date on key provisions, allowing these enterprises to plan and invest with more certainty, knowing supportive policies won't sunset.
Signals an ongoing commitment from New York State to veterans' economic empowerment. , potentially making New York a more attractive place for veterans to start and grow businesses.
Could increase competition and diversity in state contracting. by permanently reserving opportunities for service-disabled veteran-owned businesses, potentially leading to greater innovation and value for taxpayers.
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Who cares
Headline styles
Support Veteran-Owned Businesses Permanently
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
History
- Notice of committee consideration - requested
- Referred to finance
- 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.
Support Veteran-Owned Businesses
In Assembly Committee · Governmental Operations · Sponsor Colin Schmitt
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
5499
2019-2020 Regular Sessions
IN SENATE
May 3, 2019
Introduced by Sens. JORDAN, FUNKE, ORTT -- read twice and ordered printed, and when printed to be committed to the Committee on Finance
AN ACT to amend chapter 22 of the laws of 2014, relating to expanding opportunities for service-disabled veteran-owned business enterprises, in relation to making certain provisions thereof permanent
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 4 of chapter 22 of the laws of 2014, relating to expanding opportunities for service-disabled veteran-owned business enterprises, as amended by section 1 of part L of chapter 55 of the laws of 2019, is amended to read as follows:
§ 4. This act shall take effect immediately; provided, however, [that sections one, one-a and two of this act shall expire and be deemed repealed March 31, 2024; and provided, further, however,] that the amendments to subdivisions 7 and 15 of section 310 of the executive law made by section three of this act shall not affect the expiration of such section and shall be deemed to expire therewith.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11022-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend chapter 22 of the laws of 2014, relat- ing to expanding opportunities for service-disabled veteran-owned busi- ness enterprises, in relation to making certain provisions thereof permanent
Summary of provisions
Section 1 of this bill makes Chapter 22 of the Laws of 2014, which provides service-disabled veteran-owned business enterprise with increased participation in state contracting, permanent.
Section 2 sets forth the effective date.
Justification
In 2014, New York State enacted historic legislation, known as the "Service-Disabled Veteran-Owned Business Act", that created a set aside in State contracting for businesses owned by certified service disabled veterans. In its legislative findings, the bill states that New York State "aims to assist service-disabled veterans in playing a greater role in the economy of the state and to provide additional assistance and support to disabled veterans to better equip them to form and expand small businesses, thereby enabling them to realize the American dream they fought to protect". This legislation created a 6% set aside for such businesses, and it was chaptered as Chapter 22 of the Laws of 2014.
Chapter 22 of the Laws of 2014 was set to expire in 2019, but it was extended in the 2019-20 budget. This bill will remove that expiration date for the service-disabled veteran-owned business enterprises program, making it permanent. This legislation will not only permanently help veterans with disabilities reintegrate into the economy, but it will send a powerful message that New York State will lend a helping hand to those who have made great sacrifices for our State and nation.
Legislative history
New bill.
Fiscal implications
None to the state.
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.