S T A T E O F N E W Y O R K
________________________________________________________________________
6871
2015-2016 Regular Sessions
I N A S S E M B L Y
April 8, 2015
___________
Introduced by M. of A. BLAKE -- read once and referred to the Committee
on Governmental Operations
AN ACT to amend the executive law, in relation to establishing a joint
venture program for minority and women-owned business enterprises
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The executive law is amended by adding a new section 313-b
to read as follows:
S 313-B. OPPORTUNITIES FOR JOINT VENTURE PARTICIPATION. 1. IN ORDER TO
IMPROVE THE SUCCESS OF MINORITY AND WOMEN-OWNED BUSINESS ENTERPRISES IN
CONTRACTING WITH THE STATE OR RECEIVING SUBCONTRACTS UNDER A STATE
CONTRACT AND TO CREATE SOURCES OF RELIABLE CONTRACTORS AND SUBCONTRAC-
TORS READY TO PERFORM LARGER JOBS AND RESPONSIBILITIES, THE DIRECTOR
SHALL DEVELOP A JOINT VENTURE PROGRAM TO FOSTER RELATIONSHIPS BETWEEN
NON-MINORITY AND WOMEN-OWNED BUSINESS ENTERPRISES AND MINORITY AND
WOMEN-OWNED BUSINESS ENTERPRISES. SUCH PROGRAM SHALL ALSO ALLOW NON-MI-
NORITY AND WOMEN-OWNED BUSINESS ENTERPRISES WITH EXPERIENCE IN CONTRACT-
ING WITH THE STATE TO PROVIDE CERTIFIED MINORITY AND WOMEN-OWNED BUSI-
NESS ENTERPRISES TRAINING AND ASSISTANCE ON SUCH BIDS AND CONTRACTS.
SUCH PROGRAM SHALL ALSO ALLOW CERTIFIED MINORITY AND WOMEN-OWNED BUSI-
NESS ENTERPRISES WHO ARE REJECTED AS CONTRACTORS TO HAVE THE OPPORTUNITY
TO ESTABLISH A JOINT VENTURE WITH AN EXPERIENCED NON-MINORITY AND
WOMEN-OWNED BUSINESS ENTERPRISE. FOR PURPOSES OF THIS SECTION, "JOINT
VENTURE" MEANS A CONTRACTUAL AGREEMENT JOINING TOGETHER TWO OR MORE
BUSINESS ENTERPRISES, ONE OF WHICH IS A CERTIFIED MINORITY AND
WOMEN-OWNED BUSINESS ENTERPRISE, FOR THE PURPOSE OF PERFORMING ON A
STATE CONTRACT. THE CERTIFIED MINORITY AND WOMEN-OWNED BUSINESS ENTER-
PRISE MUST PROVIDE A PERCENTAGE OF VALUE ADDED SERVICES REPRESENTING AN
EQUITABLE INTEREST IN THE JOINT VENTURE, AND ALL PARTIES SHALL AGREE TO
SHARE IN THE PROFITS AND LOSSES OF THE BUSINESS ENDEAVOR ACCORDING TO
THEIR PERCENTAGE OF EQUITABLE INTEREST.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09816-01-5
A. 6871 2
2. THE DIRECTOR SHALL PROMULGATE RULES AND REGULATIONS FOR PARTIC-
IPATION IN THE PROGRAM. INCENTIVES FOR BUSINESSES TO PARTICIPATE IN THE
PROGRAM MAY INCLUDE, BUT NOT BE LIMITED TO, CREDIT TOWARDS FULFILLMENT
OF MINORITY AND WOMEN-OWNED BUSINESS PARTICIPATION REQUIREMENTS.
S 2. This act shall take effect on the ninetieth day after it shall
have become a law; provided, however, that the amendments to article
15-A of the executive law made by section one of this act shall not
affect the expiration of such article and shall be deemed to expire
therewith; provided, further that the director of the division of minor-
ity and women's business development shall be authorized to commence the
rulemaking process required pursuant to section one of this act prior to
the effective date of this act.