Bill Text: NY S07429 | 2023-2024 | General Assembly | Introduced

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Bill Title: Provides that "small business" for the purposes of minority and women-owned business enterprises shall mean a business which has a significant business presence in the state, is independently owned and operated, not dominant in its field and employs, based on its industry, a certain number of persons as determined by the director, but not to exceed three hundred except for industries otherwise specified by the small business size standards pursuant to 13 CFR 121.201 which shall be determined by the size standard in number of employees.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-03 - REFERRED TO PROCUREMENT AND CONTRACTS [S07429 Detail]

Download: New_York-2023-S07429-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          7429

                               2023-2024 Regular Sessions

                    IN SENATE

                                      May 24, 2023
                                       ___________

        Introduced  by Sen. MARTINEZ -- 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

          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  hundred,  [taking]
     8  except  for  industries  otherwise  specified by the small business size
     9  standards pursuant to 13 CFR 121.201 which shall be  determined  by  the
    10  size  standard  in  number  of  employees.  The director shall take into
    11  consideration factors which include, but are  not  limited  to,  federal
    12  small  business administration standards pursuant to 13 CFR part 121 and
    13  any amendments thereto.  The  director  may  issue  regulations  on  the
    14  construction of the terms in this definition.
    15    §  2.  This act shall take effect immediately; provided, however, that
    16  the amendments to article 15-A of the executive law made  by section one
    17  of this act shall not affect the repeal of such  article  and  shall  be
    18  deemed repealed therewith.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11609-01-3