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Bill > S04859

NY S04859

NY S04859
Enacts the New York tropical deforestation-free procurement act requiring that companies contracting with the state do not contribute to tropical primary forest degradation or deforestation directly or through their supply chains; establishes the supply chain transparency assistance program to assist small and medium-sized businesses and minority- and women-owned businesses in achieving compliant supply chains.

summary

Introduced
02/16/2023
In Committee
04/25/2023
Crossed Over
06/21/2023
Passed
12/12/2023
Dead
Vetoed
12/22/2023

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the state finance law, in relation to enacting the New York tropical deforestation-free procurement act; and to amend the economic development law, in relation to establishing the supply chain transparency assistance program

AI Summary

This bill enacts the New York Tropical Deforestation-Free Procurement Act, which requires companies contracting with the state to certify that the tropical forest-risk commodities (such as palm oil, soy, and beef) in their supply chains did not contribute to tropical deforestation or tropical primary forest degradation. The bill also establishes the Supply Chain Transparency Assistance Program to help small, medium-sized, and minority- and women-owned businesses develop transparent, traceable, ethical, and sustainable supply chains. The bill provides for penalties if contractors knowingly furnish prohibited products to the state and offers preference to certain businesses in the bidding process. The requirements will apply to all new contracts starting January 1, 2025.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (20)

Last Action

VETOED MEMO.135 (on 12/22/2023)
(1 Companion Bills)

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