BILL NUMBER: S6609
SPONSOR: COONEY
 
TITLE OF BILL:
An act to amend the executive law, in relation to the definition of
small business for minority group members and women with respect to
state contracts
 
PURPOSE:
Raises the number of workers required for consideration as an MWBE small
business from 300 to 500 employees.
 
SUMMARY OF SPECIFIC PROVISIONS:
Section one of the bill amends the Executive Law to increase the thresh-
old of workers from 300 to 500 for small business MWBEs.
Section two provides the effective date.
 
JUSTIFICATION:
Currently New York State's MWBE definition of small business is less
than 300 employees. This has an unfortunate impact of deterring small
businesses with less than 500 employees from participating in New York
State. By amending State law to match the Federal definition, this will
allow more small businesses to participate in state contracts and
discourage those same firms from leaving.
 
PRIOR LEGISLATIVE HISTORY:
New bill.
 
FISCAL IMPLICATIONS:
None to the State.
 
EFFECTIVE DATE:
Immediate.

Statutes affected:
S6609: 310 executive law, 310(20) executive law