Senator James Sanders Jr. is proud to have had two of his MWBE bills signed into law today by Governor Hochul.
Senator Sanders said: "These bills signed by the Governor will promote and strengthen Minority- and Women-Owned Business Enterprises by increasing opportunities for them to grow. As we transition into a post-COVID era, the New York economy will greatly benefit by robust MWBEs contributing to job creation and economic growth."
S.571 - Allows businesses to use funds received from the minority and women-owned business development and lending program for the purpose of refinancing existing debt
S.9351 - Increases the dollar threshold for purchases from businesses certified as minority or women-owned that can be made without a formal competitive process