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Bill > S03390
NY S03390
NY S03390Requires post completion certifications to be completed, under penalty of perjury, that the MWBE performed the work, performed the services, or delivered the materials; requires that the division of minority and women's business development create an internet registry, and perform inspections of MWBEs to weed out fraud and abuse; requires that additional regulations be adopted related to revocations of certifications for felony convictions for fraudulently misrepresenting the status of an MWBE;
summary
Introduced
01/29/2021
01/29/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
Requires post completion certifications to be completed, under penalty of perjury, that the MWBE performed the work, performed the services, or delivered the materials; requires that the division of minority and women's business development create an internet registry, and perform inspections of MWBEs to weed out fraud and abuse; requires that additional regulations be adopted related to revocations of certifications for felony convictions for fraudulently misrepresenting the status of an MWBE; permits a court to issue fines double the amount that should have been paid to an MWBE upon conviction for felony fraud related to the MWBE program.
AI Summary
This bill requires post-completion certifications, under penalty of perjury, that the Minority and Women-Owned Business Enterprises (MWBEs) performed the work, services, or delivered the materials as contracted. It also mandates the Division of Minority and Women's Business Development to create an online registry, perform inspections of MWBEs to address fraud and abuse, and adopt additional regulations related to revoking MWBE certifications for felony convictions involving fraudulent misrepresentation. Additionally, the bill allows courts to issue fines double the amount that should have been paid to an MWBE upon conviction for felony fraud related to the MWBE program, with the option to direct those fines to the newly established Minority and Women-Owned Business Enterprise Fund.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
SUBSTITUTED BY A9259A (on 06/01/2022)
Official Document
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