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NY A09326
Bill
Status
2/18/2016
Primary Sponsor
John McDonald
Click for details
AI Summary
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Amends New York Executive Law by adding Article 17-C to establish a framework for certified veteran-owned business enterprises participating in state contracts
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Defines a certified veteran-owned business enterprise as a business that is at least 51% owned by one or more veterans, with real and substantial veteran ownership that exercises independent day-to-day control
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Requires the business to be authorized to do business in New York, independently-owned and operated, and classified as a small business with no more than 300 employees as determined by the director
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Creates a Division of Veterans' Business Development to oversee opportunities for certified veteran-owned business enterprises in state contracting
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Includes a severability clause and provides for repeal of these provisions upon expiration
Legislative Description
Expands opportunities for veteran-owned business enterprises.
Last Action
referred to veterans' affairs
2/18/2016