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NY A02554

Bill

Official Source

Status

Introduced

1/16/2013

Primary Sponsor

Charles Lavine

Click for details

Origin

Assembly

2013-2014 General Assembly

AI Summary

  • Amends Executive Law by adding Section 369 to establish procurement requirements for veteran-owned businesses
  • Defines "veteran-owned and service-disabled veteran-owned business" as a business that is at least 51% owned by a veteran and has annual gross sales under $75 million
  • Requires the Director to establish rules and regulations ensuring that 3% of total annual statewide state contract procurement be awarded to eligible veteran-owned businesses
  • Mandates that each contracting agency administer the established rules and regulations for veteran business procurement
  • Takes effect immediately upon enactment

Legislative Description

Requires that three percent of all state contracts be procured to veteran-owned and service-disabled veteran-owned.

Last Action

referred to veterans' affairs

1/8/2014

Committee Referrals

Veterans' Affairs1/16/2013

Full Bill Text

No bill text available