Bill > S08826

This bill establishes a "rebuttable presumption" for businesses seeking recertification as a Minority and Women-Owned Business Enterprise (MWBE). This means that if a business's ownership, capital contributions, and the nature or management of the business haven't materially changed since their last certification, and their previous certification was approved within the last six years and six months, there's a presumption they still meet the requirements for recertification. This process is intended to streamline the recertification process for eligible businesses, with the application needing to be completed and compliant with specific regulations (5 NYCRR 144). The bill also clarifies that this presumption can be reviewed and overturned by the relevant division, and it expires upon a final determination of the certification application.

https://www.nysenate.gov/legislation/bills/2025/S8826