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Bill > S09351


NY S09351

Increases the dollar threshold for purchases from businesses certified as minority or women-owned that can be made without a formal competitive process.


summary

Introduced
05/18/2022
In Committee
06/01/2022
Crossed Over
06/03/2022
Passed
10/05/2022
Dead
Signed/Enacted/Adopted
10/06/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Increases the dollar threshold for purchases from businesses certified as minority or women-owned that can be made without a formal competitive process.

AI Summary

This bill increases the dollar threshold for purchases from businesses certified as minority or women-owned that can be made without a formal competitive process, from $500,000 to $1 million. It also amends the New York City Charter to require the city to submit an annual report to the Governor and State Legislature on the total number and dollar value of procurements from minority or women-owned businesses, as well as other businesses, up to the dollar amount threshold for making procurements without a formal competitive process.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (6)

Last Action

SIGNED CHAP.569 (on 10/06/2022)

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