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NY S08596

Bill

Status

Introduced

3/21/2022

Primary Sponsor

Liz Krueger

Click for details

Origin

Senate

2021-2022 General Assembly

AI Summary

  • Establishes the Supply Chain Transparency Assistance Program within the Department of Economic Development to assist small, medium-sized, minority-owned, and women-owned businesses in New York to achieve ethical and sustainable supply chains within one year of the bill's effective date.

  • Defines eligible supply chains as transparent (disclosing information from raw materials to consumer delivery), traceable (allowing businesses to gather information about upstream production), ethical (upholding human rights and preventing worker exploitation), and sustainable (minimizing environmental degradation and restoring ecosystems).

  • Program shall provide technical assistance including developing best practices and standards, helping with regulatory compliance, identifying funding streams and grants, and assisting with marketing to maximize competitive advantage.

  • Requires the program to conduct market analysis to identify new market opportunities for participating businesses and conduct outreach to promote awareness among eligible businesses and economic development agencies.

  • Takes effect immediately upon enactment.

Legislative Description

Establishes the Supply Chain Transparency Assistance Program to encourage the shifting of the state's economy toward more ethical and sustainable supply chains.

Last Action

COMMITTED TO RULES

6/3/2022

Committee Referrals

Rules6/3/2022
Finance4/27/2022
Commerce, Economic Development and Small Business3/21/2022

Full Bill Text

No bill text available