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Bill > S00596


NY S00596

NY S00596
Provides a rebuttable presumption relating to recertification as a minority and women-owned business enterprise if there is no change in the ownership of the enterprise and no material change in the nature or management of the enterprise from the time of approval of the previous minority and women-owned business enterprise certification.


summary

Introduced
01/08/2025
In Committee
05/13/2025
Crossed Over
05/29/2025
Passed
12/19/2025
Dead
Signed/Enacted/Adopted
12/19/2025

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the executive law, in relation to providing a rebuttable presumption relating to recertification as a minority and women-owned business enterprise

AI Summary

This bill amends the New York State Executive Law to create a rebuttable presumption for minority and women-owned business enterprises (MWBEs) seeking recertification. Specifically, if a business applies for recertification and has had no changes in ownership or material changes in nature or management within the previous ten years, the application will be presumed to meet the existing certification requirements. This means that the business would have an easier path to maintaining its MWBE status, with the understanding that the presumption can be challenged or rebutted if evidence suggests the business no longer meets the necessary criteria. The bill aims to simplify the recertification process for MWBEs that have maintained consistent ownership and operational characteristics, reducing administrative burden while still preserving the integrity of the certification process. The changes will take effect on July 1st following the bill's passage and will apply to recertification applications submitted on or after that date.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (7)

Last Action

APPROVAL MEMO.50 (on 12/19/2025)

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