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NY S09038
Bill
Status
Introduced
10/9/2020
Primary Sponsor
Anna Kaplan
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AI Summary
- Amends subdivision 20 of section 310 of the executive law to redefine "small business" employee threshold for minority and women-owned business enterprises
- Changes maximum employee count from 300 employees to 300 employees who work 30 or more hours per week on average over a 52-week period
- Maintains consideration of federal Small Business Administration standards (13 CFR part 121) in determining small business status by industry
- Takes effect immediately upon enactment
Legislative Description
Changes the maximum number of employees that a minority and women-owned business enterprise may have from three hundred employees to three hundred employees who work thirty or more hours per week, on average over the period of fifty-two weeks.
Last Action
REFERRED TO RULES
10/9/2020
Committee Referrals
Rules10/9/2020
Full Bill Text
No bill text available