Bill
A 7173
Overview: Bill A 7173 modernizes the metropolitan transportation authority's small business mentoring program.Purpose and Intent: The bill aims to update and enhance the MTA's exis
Overview: Bill A 7173 modernizes the metropolitan transportation authority's small business mentoring program.
Purpose and Intent: The bill aims to update and enhance the MTA's existing small business mentoring program. The goal is to provide more comprehensive support and resources to help small businesses, particularly minority- and women-owned enterprises, succeed in securing MTA contracts and subcontracts.
Key Provisions:
- Expands the scope and services offered through the MTA's small business mentoring program
- Requires the MTA to provide technical assistance, training, and networking opportunities for participating small businesses
- Establishes performance metrics and reporting requirements to measure the program's effectiveness
Affected Parties and Impacts:
- Small businesses, especially minority- and women-owned enterprises, seeking to work with the MTA
- The MTA, which will have an enhanced program to support the growth and development of its small business partners
Procedural and Timeline Considerations:
The bill has been referred to the Corporations, Authorities and Commissions committee and is currently under consideration.
Compiled from official sources — confirm details with the bill’s official record.
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