Senate Bill S7240

2023-2024 Legislative Session

Requires the state comptroller to prepare and release an annual report grading each state agency on its spending with minority and women-owned business

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Finance Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-S7240 (ACTIVE) - Details

See Assembly Version of this Bill:
A3895
Current Committee:
Senate Finance
Law Section:
Executive Law
Laws Affected:
Add §163-b, Exec L
Versions Introduced in Other Legislative Sessions:
2017-2018: A9889
2019-2020: A2511
2021-2022: A6369

2023-S7240 (ACTIVE) - Summary

Requires the state comptroller to prepare and release an annual report grading each state agency on its spending with minority- and women-owned business.

2023-S7240 (ACTIVE) - Sponsor Memo

2023-S7240 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7240
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               May 19, 2023
                                ___________
 
 Introduced  by  Sen. SANDERS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Finance
 
 AN ACT to amend the executive law, in relation to  requiring  the  state
   comptroller to prepare and release an annual report grading each state
   agency  on  its spending with minority and women-owned business enter-
   prises; and providing for the repeal of such provisions  upon  expira-
   tion thereof
 
   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  163-b
 to read as follows:
   §  163-B.  M/WBE COMPLIANCE REPORT. 1. BY JUNE FIRST OF EACH YEAR, THE
 OFFICE OF THE COMPTROLLER SHALL PREPARE AND RELEASE ON  ITS  WEBSITE  AN
 ANNUAL  REPORT THAT ISSUES LETTER GRADES TO EACH STATE AGENCY AND TO THE
 COMPTROLLER'S OFFICE BASED ON THE AGENCY'S OR OFFICE'S LEVEL OF  SUCCESS
 IN  CONTRACT SPENDING WITH MINORITY AND WOMEN-OWNED BUSINESS ENTERPRISES
 PURSUANT TO ARTICLE FIFTEEN-A OF THIS CHAPTER. THE GRADES SHALL BE BASED
 ON M/WBE PARTICIPATION GOALS FOR STATE AGENCIES  ACROSS  VARIOUS  INDUS-
 TRIES  AS  PROVIDED  IN  SECTION THREE HUNDRED THIRTEEN OF THIS CHAPTER.
 SUCH REPORT SHALL ASSIGN LETTER GRADES TO ALL STATE AGENCIES AND TO  THE
 COMPTROLLER'S OFFICE AS FOLLOWS:
   A - GREAT STANDING;
   B - GOOD STANDING;
   C - AVERAGE, BUT COULD USE IMPROVEMENT;
   D - BELOW AVERAGE; AND
   F - UNACCEPTABLE.
   2.  THE REPORT SHALL MEASURE THE ACTUAL SPENDING OF EACH AGENCY IN THE
 PRIOR FISCAL YEAR, AND NOT THE REGISTERED VALUE OF CONTRACTS, WHICH  MAY
 OR MAY NOT HAVE RESULTED IN ACTUAL SPENDING OR WHICH COULD SPAN MULTIPLE
 YEARS. THE REPORT SHALL ASSIGN INDIVIDUAL GRADES TO EACH AGENCY'S SPEND-

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05467-01-3
 S. 7240                             2
              

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