Loading chat...
NY S09310
Bill
Status
2/27/2026
Primary Sponsor
Jabari Brisport
Click for details
AI Summary
-
Creates a publicly available database maintained by the Secretary of State listing all business entities that enter into procurement contracts exceeding $50,000 with New York state agencies and authorities
-
Requires the database to include each business entity's name, name history, current business street address, county, duration or dissolution date, filing dates, and filing history
-
Mandates disclosure of full legal names of all beneficial owners for limited liability companies and foreign LLCs that are reporting companies entering state procurement contracts
-
Establishes a waiver process allowing beneficial owners to withhold their name and/or address from the public database if they demonstrate significant privacy interests, such as participation in address confidentiality programs or acting as whistleblowers in qui tam actions
-
Takes effect 365 days after becoming law, with implementation tied to chapter 102 of the laws of 2024 regarding beneficial ownership reporting requirements
Legislative Description
Establishes a publicly available database of business entities in the state that enter into procurement contracts with procuring entities in the state; requires such database to include, among other things, the name of the business entity, the current business street address and county associated with each business street address, and the full name of each beneficial owner.
Last Action
REFERRED TO PROCUREMENT AND CONTRACTS
2/27/2026