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NY S08234
Bill
Status
6/10/2025
Primary Sponsor
Robert Jackson
Click for details
AI Summary
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Changes the deadline for the New York State Teachers' Retirement System's annual MWBE (Minority and Women-Owned Business Enterprise) report from 60 days after the fiscal year end to December 31st following the fiscal year end
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The annual report covers participation of MWBE asset managers, financial institutions, and professional service providers in investment and brokerage transactions with the teachers' retirement system
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Reports must include comparative analysis of MWBE activity relative to all asset managers, financial institutions, and professional service providers
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Reports are submitted to the governor, legislature, and chief diversity officer of New York State, and must be published on the retirement system's website for at least 60 days
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Takes effect January 1st following enactment
Legislative Description
Changes the due date by which the New York State teachers' retirement system is required to submit the annual MWBE report to on or before December thirty-first following the end of the teachers retirement system's fiscal year.
Last Action
REFERRED TO CIVIL SERVICE AND PENSIONS
1/7/2026