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A08356 Summary:

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A08356 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         8356--A
 
                               2011-2012 Regular Sessions
 
                   IN ASSEMBLY
 
                                      June 14, 2011
                                       ___________
 
        Introduced  by  M.  of  A.  SCARBOROUGH, PEOPLES-STOKES -- read once and
          referred to the Committee  on  Governmental  Operations  --  committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee
 
        AN  ACT to amend the executive law, in relation to the statewide certif-

          ication program for participation by minority group members and  women
          with  respect to state contracts, and providing for the repeal of such
          provisions upon expiration thereof
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1.  Paragraph (e) of subdivision 7 and paragraph (e) of subdi-
     2  vision  15  of section 310 of the executive law, as added by chapter 175
     3  of the laws of 2010, are amended to read as follows:
     4    (e) an enterprise owned by an individual or individuals, whose  owner-
     5  ship,  control  and  operation are relied upon for certification, with a
     6  personal net worth that does not exceed three million five hundred thou-
     7  sand dollars, as adjusted annually on the first of January for inflation
     8  according to the consumer price index of the  previous  year,  provided,

     9  however,  that  the  provisions  of  this  paragraph shall only apply to
    10  minority-owned business enterprises certified after October  thirteenth,
    11  two thousand ten; and
    12    (e)  an enterprise owned by an individual or individuals, whose owner-
    13  ship, control and operation are relied upon for  certification,  with  a
    14  personal net worth that does not exceed three million five hundred thou-
    15  sand dollars, as adjusted annually on the first of January for inflation
    16  according  to  the  consumer price index of the previous year, provided,
    17  however, that the provisions of  this  paragraph  shall  only  apply  to
    18  women-owned business enterprises certified after October thirteenth, two
    19  thousand ten; and
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets

                              [ ] is old law to be omitted.
                                                                   LBD13080-03-1
        A. 8356--A                          2
 
     1    §  2. Subparagraph (vi) of paragraph (a) of subdivision 2-a of section
     2  314 of the executive law, as amended by chapter 175 of the laws of 2010,
     3  is amended to read as follows:
     4    (vi)  be  owned  by  an  individual  or  individuals, whose ownership,
     5  control and operation are relied upon for certification, with a personal
     6  net worth that does not  exceed  three  million  five  hundred  thousand
     7  dollars,  as  adjusted  annually for inflation according to the consumer
     8  price index; provided, however, that the provisions of this subparagraph
     9  shall only apply to minority and women-owned business enterprises certi-

    10  fied after October thirteenth, two thousand ten; and
    11    § 3. This act shall take effect immediately and shall  expire  and  be
    12  deemed repealed June 30, 2013; provided, however, the amendments made to
    13  sections  310 and 314 of the executive law, made by sections one and two
    14  of this act shall not affect the expiration of such sections.