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NY S02733
Bill
Status
1/31/2011
Primary Sponsor
Martin Golden
Click for details
AI Summary
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Establishes preferred source procurement status for companies whose primary business presence is located in New York State, realizing at least 20 percent of gross revenue from New York business activity, and employing at least one full-time New York resident whose primary role is business conduct other than government relations
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Amends state finance law section 161 to require procurement guidelines consider the economic nexus of vendors when all other criteria are equal
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Adds new paragraph to section 162 establishing New York-based vendors as a preferred source category for commodity and service procurement alongside existing preferences for veterans' workshops and charitable nonprofit workshops
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Modifies section 162 subdivision 4 to include New York-based vendors in the procurement priority order when commodities are unavailable from other preferred sources
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Takes effect ninety days after enactment
Legislative Description
Enacts the "protect New York job acts"; provides referred source status for the purposes of procurement to New York based companies who meet certain criteria and which have at least fifty-one percent of its fulltime equivalent employees employed in New York State and whose primary business activity is to conduct business in any capacity other than government relations.
Last Action
COMMITTED TO RULES
6/21/2012