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Bill > A04761


NY A04761

Relates to purchasing restrictions and persons boycotting American allies.


summary

Introduced
02/06/2025
In Committee
02/06/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the state finance law and the retirement and social security law, in relation to purchasing restrictions

AI Summary

This bill establishes new restrictions on businesses and organizations that boycott certain American allies, specifically targeting entities engaging in boycotts against countries like NATO members, Israel, Japan, Ireland, and others. The bill creates two primary mechanisms: first, it prohibits state agencies from considering businesses that boycott allied nations as responsive bidders for procurement contracts, and second, it prevents the state's common retirement fund from investing in stocks or securities of companies identified as boycotting allied nations. The bill requires the commissioner of general services to maintain and annually publish a list of entities engaged in such boycotts, with a process for entities to be removed from the list if they cease boycott activities. Businesses seeking to do business with New York state must certify that they are not boycotting allied nations, and if found in violation, may face potential sanctions, contract termination, or other legal actions. The bill defines "boycott" broadly as any activity intended to penalize or harm an allied nation commercially, socially, or politically, and provides explicit definitions of what constitutes an allied nation. Additionally, the bill mandates annual reporting by both the commissioner and the state comptroller on actions taken under these new provisions, ensuring transparency and accountability in implementing these restrictions.

Committee Categories

Government Affairs

Sponsors (22)

Last Action

referred to governmental operations (on 02/06/2025)

bill text


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