Bill
A 4763
Bill A 4763 makes permanent provisions to boost opportunities for service-disabled veteran-owned businesses in state contracts, fostering economic growth for veterans.
Bill Number: A 4763
Title: Makes permanent certain provisions of chapter 22 of the laws of 2014, relating to expanding opportunities for service-disabled veteran-owned business enterprises
Status: Referred to Governmental Operations
Introduced: February 06, 2025
Classification: Bill
Bill A 4763 aims to make permanent specific provisions established in chapter 22 of the laws of 2014, which were designed to enhance opportunities for service-disabled veteran-owned business enterprises (SDVOBEs). The intent of the bill is to ensure that these businesses continue to receive support and recognition in state contracting and procurement processes, thereby promoting economic growth and stability for veterans who have served in the military.
Permanent Status: The bill seeks to codify certain temporary measures that were initially enacted in 2014, ensuring that the benefits and opportunities for SDVOBEs are not subject to expiration.
Support for SDVOBEs: The provisions include mechanisms for increasing participation of SDVOBEs in state contracts, which may involve setting goals for state agencies to award a certain percentage of contracts to these businesses.
Reporting Requirements: The bill may also include requirements for state agencies to report on their progress in meeting these goals, thereby increasing transparency and accountability.
Service-Disabled Veteran-Owned Businesses: The primary beneficiaries of this legislation are SDVOBEs, which will gain continued access to state contracting opportunities and resources aimed at fostering their growth.
State Agencies: Agencies involved in procurement and contracting will need to adapt their processes to comply with the permanent provisions set forth in the bill.
Veteran Community: The broader veteran community may benefit indirectly from the economic opportunities created by supporting SDVOBEs, leading to job creation and community development.
Current Status: As of February 6, 2025, the bill has been referred to the Governmental Operations committee for further consideration.
Related Legislation: This bill is related to prior-session bills A 10113, A 3898, and A 4577, which may have addressed similar issues regarding the support and expansion of opportunities for SDVOBEs.
Bill A 4763 represents a significant step towards solidifying the support for service-disabled veteran-owned businesses within the state. By making certain provisions permanent, the bill aims to enhance the economic landscape for veterans and ensure that their contributions are recognized and valued in the business community. The ongoing legislative process will determine the final outcome and implementation of these provisions.
Compiled from official sources — confirm details with the bill’s official record.
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