Directs the director of the division of minority and women's business development to provide for the minority and women-owned business certification of business entities owned by Indian nations or tribes.
Summary
Bill S00242 amends the executive law to allow the director of the division of minority and women's business development to establish a certification process for business entities owned by Indian nations or tribes. This change aims to streamline the certification process for these businesses, enabling them to participate in the minority and women-owned business enterprise program without undergoing the standard state certification process. The bill seeks to recognize and support the economic contributions of Indian nations and tribes in New York State.
Impact
The bill will impact state laws by modifying the existing certification process outlined in article 15-A of the executive law. By allowing Indian-owned businesses to bypass the traditional certification requirements, the bill aims to enhance their participation in state contracts and procurement opportunities, potentially leading to increased economic development within these communities. This change may also influence the overall landscape of minority and women-owned business certifications in New York.
Sentiment
The sentiment surrounding Bill S00242 appears to be supportive, as it addresses the need for inclusivity and recognition of Indian nations and tribes in state business programs. However, there may be underlying concerns regarding the implications of altering the certification process, particularly from stakeholders invested in the current minority and women-owned business certification framework.
Contention
Notable points of contention may arise from stakeholders who believe that the bill could undermine the integrity of the certification process by allowing certain entities to bypass established requirements. Critics may argue that this could lead to potential misuse of the certification program or diminish the competitive advantage of existing minority and women-owned businesses that adhere to the traditional certification process. Proponents, on the other hand, emphasize the importance of recognizing the unique status of Indian nations and tribes in fostering economic growth.
Directs the director of the division of minority and women's business development to provide for the minority and women-owned business certification of business entities owned by Indian nations or tribes.
Authorizes the director of the division of minority and women's business development and the mayor of the city of New York to enter into a memorandum of understanding to allow reciprocity between the state and New York City for businesses that are certified as minority and women-owned business enterprises.
Establishes Division of Minority and Women Business Development and State Chief Disparity Officer to monitor efforts to promote participation by minority-owned and women-owned businesses in State contracting.
Authorizes the director of the division of minority and women's business development and the county executive of counties to enter into a memorandum of understanding to allow reciprocity between the state and such county for businesses that are certified as minority and women-owned business enterprises.
Increases the minimum required awarded to minority business enterprises from 15% to 20% and of that, requires a minimum of 10% be awarded to minority owned businesses and a minimum of 10% be awarded to women owned businesses.