NY A03512

Requires all state agencies to review tax warrant lists from the Department of Taxation and Finance before awarding contracts to bidders or subcontractors conducting business in New York State.

Prohibits state agencies from entering into contracts with bidders or subcontractors who have unsatisfied tax warrants filed against them with the Department of State.

Allows exceptions to the tax warrant disqualification if an emergency involving danger to life, health, safety, or critical operations requires immediate action; if the item is available from only one source; or if the bidder disclosed the warrant and is in good faith attempting to satisfy it or the Department of Taxation and Finance deems it de minimis.

Requires agencies to notify the Comptroller before awarding contracts under emergency exceptions and grants the Comptroller authority to void contracts and require competitive bidding if agency determinations do not meet statutory requirements.

Takes effect 120 days after enactment, with state agencies authorized to promulgate rules and regulations necessary for implementation.