Bill > S00683

This bill amends the executive law to establish the "New York State Supplier Diversity Act", which aims to increase participation of LGBT, disability, and veteran-owned businesses in state contracts. The key provisions include: 1. Defining "certified LGBT, disability, or veteran-owned business enterprise" and establishing a statewide certification program overseen by the Division of Supplier Diversity. 2. Requiring the Division of Supplier Diversity to develop programs and resources to assist these businesses in obtaining state contracting opportunities, and requiring state agencies to administer regulations to implement the act. 3. Directing the Commissioner of the Office of General Services to conduct a study to determine a statewide goal for participation of these businesses in state contracts and whether set-asides should be required. 4. The act will take effect immediately and expire five years after the effective date.