Loading chat...
NY S02358
Bill
Status
1/16/2025
Primary Sponsor
Andrew Gounardes
Click for details
AI Summary
-
Creates a publicly accessible New York State Business Contract Database maintained by the State Comptroller containing names of individuals and entities with non-competitively bid state contracts entered into within 24 months of any primary or general election
-
Defines covered "persons" to include CEOs, CFOs, COOs, senior managers with oversight of state business transactions, and anyone with more than 10% ownership interest in a contracting entity
-
Prohibits candidates and their political committees from accepting contributions exceeding $400 in aggregate from any person or entity with a business relationship with the state
-
Requires the compliance unit to notify candidates within 20 days of any violation, after which candidates must attempt to return the contribution or remit the funds to the State Board of Elections for enforcement activities
-
Takes effect January 1, 2026, with the database required to be updated at least monthly during general election years
Legislative Description
Establishes the New York state business contract database containing names of persons who have contracts with the state for the procurement of goods, services or construction that are not awarded through a competitive bid process; prohibits candidates or political committees from receiving certain contributions.
Last Action
REFERRED TO ELECTIONS
1/7/2026