A09228 - Veteran Owned Business Enterprise Act

• Establishes "honorably discharged veteran owned business enterprise" (VOBE) as a new category alongside minority and women-owned businesses in state contracting and procurement programs

• Defines eligible VOBEs as businesses at least 51% owned by honorably discharged U.S. military veterans with real, substantial, continuing ownership and independent day-to-day control

• Amends multiple state laws including executive law, state finance law, economic development law, and public authorities law to include VOBEs in existing minority and women-owned business development programs, procurement goals, and financial assistance initiatives

• Requires state agencies to establish participation goals for VOBEs in state contracts using the 2010 disparity study as a baseline and includes VOBEs in certification, utilization planning, and waiver procedures

• Applies VOBE protections to state bonding guarantee programs, linked deposit programs, revolving loan funds, technical assistance programs, and procurement contracts across various state authorities and agencies