Relates to a minority and women-owned business enterprise participation goal requirement in order to receive grant or appropriation money.
Summary
Bill A07108 proposes to amend the state finance law by introducing a requirement for municipalities and localities to comply with minority and women-owned business enterprise (MWBE) participation goals in order to receive state grants or appropriations. This amendment aims to ensure that state funding is allocated in a manner that promotes diversity and inclusion within the procurement processes of local governments. The bill specifies that this requirement extends to any entity that subcontracts with a municipality or locality, thereby broadening the scope of compliance beyond just the primary recipients of state funds.
Impact
If enacted, this bill would significantly impact the procurement practices of municipalities, towns, cities, counties, and school districts across New York State. It would enforce compliance with existing MWBE participation goals as outlined in the executive law, thereby enhancing opportunities for minority and women-owned businesses to engage in state-funded projects. This could lead to increased economic participation and support for diverse business owners, potentially reshaping the landscape of local government contracting.
Sentiment
The sentiment surrounding Bill A07108 appears to be generally supportive among advocates for minority and women-owned businesses, as it aligns with ongoing efforts to promote equity in state funding. However, there may be concerns from some municipalities regarding the administrative burden and potential challenges in meeting the compliance requirements, which could lead to mixed feelings among local government officials.
Contention
Notable points of contention may arise from local government representatives who fear that the compliance requirements could complicate the grant application process or limit the pool of eligible contractors. Additionally, there may be discussions around the effectiveness of existing MWBE goals and whether this bill will adequately address the disparities it seeks to remedy. Advocates for minority and women-owned businesses are likely to support the bill, while some local officials may express reservations about its implementation.
Relates to a minority and women-owned business enterprise participation goal requirement in order to receive exemption of new multiple dwellings from local taxation.
Relates to a minority and women-owned business enterprise participation goal requirement in order to receive exemption of new multiple dwellings from local taxation.
Requires that certain contracts let by the office of general services be reserved for small businesses, including minority-owned business enterprises and women-owned business enterprises.
Relates to requiring that the annual report from the division of minority and women's business development contain information on the annual minority and women-owned business enterprise utilization and expenditure categorized by minority-owned enterprises, women-owned enterprises, and total utilization and expenditure, and be organized by certain industry categories.
Relates to requiring that the annual report from the division of minority and women's business development contain information on the annual minority and women-owned business enterprise utilization and expenditure categorized by minority-owned enterprises, women-owned enterprises, and total utilization and expenditure, and be organized by certain industry categories.
Requires contractors receiving public funds to pay amounts owed to small businesses and minority-owned business enterprises within 10 days of receipt of an undisputed invoice generated by a small business, minority-owned business enterprise or vendor management service and managed service provider on behalf of the small business or minority-owned business enterprise.
Requires contractors receiving public funds to pay amounts owed to small businesses and minority-owned business enterprises within 10 days of receipt of an undisputed invoice generated by a small business, minority-owned business enterprise or vendor management service and managed service provider on behalf of the small business or minority-owned business enterprise.