Bill
Bill > A07173
NY A07173
NY A07173Increases the threshold for office of the comptroller review of the metropolitan transportation authority discretionary awards to MWBEs and small businesses from one million dollars to one million five hundred thousand dollars.
summary
Introduced
03/21/2025
03/21/2025
In Committee
03/21/2025
03/21/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the public authorities law, in relation to modernizing the metropolitan transportation authority's small business mentoring program
AI Summary
This bill increases the threshold for the Office of the Comptroller's review of Metropolitan Transportation Authority (MTA) discretionary awards to Minority and Women-Owned Business Enterprises (MWBEs) and small businesses from one million dollars to one million five hundred thousand dollars. The bill amends two sections of the public authorities law to specify that certain contract review provisions will only apply to authority contracts with an estimated value greater than $1.5 million, effectively raising the review threshold. By increasing this monetary limit, the bill aims to streamline the review process for smaller contracts and potentially reduce administrative burden for the MTA and the Office of the Comptroller. The change could help small businesses and MWBEs by making it easier for them to compete for and obtain contracts within this new, higher threshold. The bill would take effect immediately upon passage.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
referred to corporations, authorities and commissions (on 03/21/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A7173 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A07173&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A07173 |
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