New York S 4363: Relates to contractual relationships with minority and women-owned businesses

Status: REFERRED TO FINANCE (as of 2026-01-07)

State: New York · Session: 2025-2026 · Bill: S 4363

Sponsors: Leroy Comrie

Bill Text

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S04363 Summary:

BILL NOS04363 

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SAME ASNo Same As

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SPONSORCOMRIE

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COSPNSR

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MLTSPNSR

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Amd §139-f, St Fin L; amd §106-b, Gen Muni L

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Relates to contractual relationships with minority-owned and women-owned businesses.

Go to top S04363 Actions:

BILL NOS04363 

&nbsp

02/04/2025REFERRED TO FINANCE

01/07/2026REFERRED TO FINANCE

Go to topS04363 Committee&nbspVotes:

Go to topS04363 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS04363 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4363

 2025-2026 Regular Sessions

 IN SENATE

 February 4, 2025
 ___________

 Introduced by Sen. COMRIE -- read twice and ordered printed, and when
 printed to be committed to the Committee on Finance

 AN ACT to amend the state finance law and the general municipal law, in
 relation to contractual relationships with minority and women-owned
 businesses

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 139-f of the state finance law is amended by
 2 adding a new subdivision 5 to read as follows:
 3 5. Any contractor who subcontracts and/or has a joint venture with
 4 minority and women-owned businesses on a public work project and prior
 5 to completion of such project the contractor ceases its contractual
 6 relationship with any to all minority and women-owned businesses, such
 7 contractor shall report such change in relationship to the public owner
 8 of such project and the division of minority and women's business devel-
 9 opment. Failure to report within seven calendar days shall result in a
 10 fine determined by the director of the division of minority and women's
 11 business development.
 12 § 2. Section 106-b of the general municipal law is amended by adding
 13 a new subdivision 4 to read as follows:
 14 4. Any contractor who subcontracts and/or has a joint venture with
 15 minority and women-owned businesses on a public work project and prior
 16 to completion of such project the contractor ceases its contractual
 17 relationship with any to all minority and women-owned businesses, such
 18 contractor shall report such change in relationship to the public owner
 19 of such project and the division of minority and women's business devel-
 20 opment. Failure to report within seven calendar days shall result in a
 21 fine determined by the director of the division of minority and women's
 22 business development.
 23 § 3. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD05643-01-5

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