BILL NUMBER: S3612
SPONSOR: HELMING
 
TITLE OF BILL:
An act to amend the state finance law, in relation to granting a prefer-
ence to New York State businesses in the state contract award process
 
PURPOSE:
To require that the state of New York give a limited preference to busi-
nesses who have their headquarters located in, and conduct a majority of
their business operations, in New York State.
 
SUMMARY OF PROVISIONS:
Section 1. amends section 162 of the state finance law Section 2.
Effective date
 
JUSTIFICATION:
By law, many New York State agencies must select the lowest offered bid
to its contract awards. This means a New York-based company, even if
their bid is off by even a mere $100, can lose out to a company that
conducts the primary of its business out of state. Given the obvious
beneficial impact in awards going to businesses located in New York
State, such a limited preference offered in this bill constitutes a de
minimis impact on the bidding process.
 
LEGISLATIVE HISTORY:
2023-2024: S.3588 referred to Procurement and Contracts
2021-2022: S.6325 referred to Procurement and Contracts
2019-2020: S.61 referred to Finance/A.4415 referred to Governmental
Operations
2018: S.7596 passed Senate/A.9961 referred to Governmental Operations
 
FISCAL IMPLICATIONS:
Undetermined.
 
EFFECTIVE DATE:
This act shall take effect one year after it shall have become law.

Statutes affected:
S3612: 162 state finance law