Bill > S06006

This bill clarifies the eligibility criteria for employment agencies to be considered small businesses under New York state's minority and women's business development programs by changing the qualification method from employee count to annual receipts. Specifically, the bill modifies the existing definition of a "small business" to remove employee number restrictions for employment agencies and instead bases their small business status on annual receipts. Under the new provision, an employment agency will be considered a small business if its annual receipts, calculated according to federal Small Business Administration standards (13 CFR 121.104), are less than thirty million dollars. This change allows employment agencies more flexibility in qualifying for small business programs by using revenue as the primary metric, rather than being limited by the number of employees they have. The bill will take effect 30 days after becoming law, with provisions for regulatory agencies to prepare implementing rules in advance of the effective date.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S6006