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NY S08975

Bill

Official Source

Status

Introduced

9/14/2020

Primary Sponsor

Daphne Jordan

Click for details

Origin

Senate

2019-2020 General Assembly

AI Summary

  • Amends Executive Law Section 314 to create a rebuttable presumption for MWBE recertification when an enterprise reapplies after the initial five-year certification expires
  • Applies the presumption only when there is no change in ownership and no material change in the nature or management of the enterprise since the previous certification approval
  • The rebuttable presumption deems the enterprise to satisfy requirements under Executive Law Section 310, subdivision 15, paragraphs (a), (b), and (c)
  • Takes effect July 1 following enactment and applies to MWBE recertification applications submitted on or after that date

Legislative Description

Provides a rebuttable presumption relating to further certification as a minority and women-owned business enterprise if there is no change in the ownership of the enterprise and no material change in the nature or management of the enterprise from the time of approval of the previous minority and women-owned business enterprise certification.

Last Action

REFERRED TO RULES

9/14/2020

Committee Referrals

Rules9/14/2020

Full Bill Text

No bill text available