Bill Text: NY S06609 | 2023-2024 | General Assembly | Introduced
Bill Title: Increases the number of persons from three hundred to five hundred to be considered a small business for the purposes of MWBE.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Engrossed) 2024-06-07 - COMMITTED TO RULES [S06609 Detail]
Download: New_York-2023-S06609-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6609 2023-2024 Regular Sessions IN SENATE April 28, 2023 ___________ Introduced by Sen. COONEY -- read twice and ordered printed, and when printed to be committed to the Committee on Procurement and Contracts AN ACT to amend the executive law, in relation to the definition of small business for minority group members and women with respect to state contracts The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 20 of section 310 of the executive law, as 2 added by chapter 175 of the laws of 2010, is amended to read as follows: 3 20. "Small business" as used in this section, unless otherwise indi- 4 cated, shall mean a business which has a significant business presence 5 in the state, is independently owned and operated, not dominant in its 6 field and employs, based on its industry, a certain number of persons as 7 determined by the director, but not to exceed [three] five hundred, 8 taking into consideration factors which include, but are not limited to, 9 federal small business administration standards pursuant to 13 CFR part 10 121 and any amendments thereto. The director may issue regulations on 11 the construction of the terms in this definition. 12 § 2. This act shall take effect immediately; provided however, the 13 amendments to article 15-A of the executive law made by section one of 14 this act shall not affect the repeal of such article and shall be deemed 15 repealed therewith. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11064-01-3