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S04363 Summary:

BILL NOS04363
 
SAME ASNo Same As
 
SPONSORCOMRIE
 
COSPNSR
 
MLTSPNSR
 
Amd §139-f, St Fin L; amd §106-b, Gen Muni L
 
Relates to contractual relationships with minority-owned and women-owned businesses.
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S04363 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          4363
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    February 4, 2025
                                       ___________
 
        Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
          printed to be committed to the Committee on Finance
 
        AN ACT to amend the state finance law and the general municipal law,  in
          relation  to  contractual  relationships with minority and women-owned
          businesses

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.    Section  139-f  of  the state finance law is amended by
     2  adding a new subdivision 5 to read as follows:
     3    5. Any contractor who subcontracts and/or has  a  joint  venture  with
     4  minority  and  women-owned businesses on a public work project and prior
     5  to completion of such project  the  contractor  ceases  its  contractual
     6  relationship  with  any to all minority and women-owned businesses, such
     7  contractor shall report such change in relationship to the public  owner
     8  of such project and the division of minority and women's business devel-
     9  opment.  Failure  to report within seven calendar days shall result in a
    10  fine determined by the director of the division of minority and  women's
    11  business development.
    12    §  2.  Section 106-b of the general municipal law is amended by adding
    13  a new subdivision 4 to read as follows:
    14    4. Any contractor who subcontracts and/or has  a  joint  venture  with
    15  minority  and  women-owned businesses on a public work project and prior
    16  to completion of such project  the  contractor  ceases  its  contractual
    17  relationship  with  any to all minority and women-owned businesses, such
    18  contractor shall report such change in relationship to the public  owner
    19  of such project and the division of minority and women's business devel-
    20  opment.  Failure  to report within seven calendar days shall result in a
    21  fine determined by the director of the division of minority and  women's
    22  business development.
    23    § 3. This act shall take effect immediately.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05643-01-5
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