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Bill > S06515


NY S06515

NY S06515
Requires a separate section in the annual report of the director of the division of minority and women's business development detailing every instance of an entity fraudulently representing itself as a minority and women-owned business enterprise when it was not.


summary

Introduced
03/17/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the executive law, in relation to requiring reporting on fraud regarding minority and women-owned business enterprises

AI Summary

This bill amends the existing executive law to require the director of the division of minority and women's business development (MWBE) to include a new, separate section in their annual report to the governor and legislative committees. This section must detail every single instance where a business entity has fraudulently claimed to be a minority and women-owned business enterprise (MWBE) when it is not actually certified or eligible for such status. The annual report, which already provides information about MWBE participation in state contracts and efforts to promote minority and women's business involvement, will now also serve as a transparent mechanism for documenting fraudulent MWBE representations. By mandating this specific reporting requirement, the bill aims to increase accountability and potentially deter businesses from falsely representing themselves as minority or women-owned enterprises, which can undermine legitimate efforts to support diversity in state contracting.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO PROCUREMENT AND CONTRACTS (on 01/07/2026)

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