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Bill

A 7222

Relates to the requirements of the annual report from the division of minority and women's business development

2025 Regular Session Introduced by Rodneyse Bichotte Hermelyn and 2 co-sponsors

Bill expands annual reporting requirements for New York's minority and women's business development division to increase program transparency and accountability.

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Bill Summary · A 7222

Legislative bill overview

Bill A 7222 modifies the annual reporting requirements for New York's Division of Minority and Women's Business Development (MWBD). The bill was substituted for Senate Bill S8393 and has passed the Senate, indicating it likely standardizes or expands what data and metrics the division must report publicly each year.

Why is this important

Annual reporting requirements create accountability and transparency around how state programs serving minority and women entrepreneurs are performing. Updated requirements ensure stakeholders, lawmakers, and the public have current information to evaluate program effectiveness and identify whether resources are reaching intended beneficiaries.

Potential points of contention

  • Data collection burden: Expanded reporting requirements may increase administrative costs for the division or require new data collection systems
  • Metrics definition: Disagreement over which performance metrics best measure success (number of businesses served, capital deployed, job creation, long-term survival rates, etc.)
  • Confidentiality concerns: Balancing public transparency with protecting sensitive business information from participating entrepreneurs

Compiled from official sources — confirm details with the bill’s official record.

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