NY S05921

Requires all state contracts for products containing forest-risk commodities (palm oil, soy, beef, coffee, wood pulp, paper, logs, lumber) to certify the commodity was not extracted from land where tropical or boreal deforestation occurred on or after January 1, 2022.

Large contractors (annual revenue ≥ $100 million) must adopt and publicly disclose forest policies detailing supply chain traceability, measures to prevent deforestation and environmental degradation, worker protections, indigenous rights respect, and compliance with local laws.

Violations result in written notice and opportunity to comply; non-compliance can result in contract voidance or penalties equal to the greater of $1,000 or 20% of the product value.

Establishes a stakeholder advisory group including state contractors, civil society experts, and indigenous community representatives to oversee regulation development and compliance monitoring, with reports to the public every six months starting January 1, 2024.

Expands existing tropical hardwood restrictions to cover boreal forests and intact forest degradation; applies to contracts entered into, extended, or renewed on or after January 1, 2024, with regulations due by July 1, 2023.