Bill
A 8990
Bill A 8990 boosts opportunities for minority, women, and veteran-owned businesses in state-funded projects, ensuring fair access and accountability in contracts.
Bill Number: A 8990
Title: Relates to the utilization of minority and women-owned business enterprises, service-disabled veteran-owned businesses, small businesses, and microbusinesses by private businesses operating in state-funded buildings
Status: Referred to Governmental Operations
Introduced: August 13, 2025
Classification: Bill
Bill A 8990 aims to enhance the participation of minority and women-owned business enterprises (MWBEs), service-disabled veteran-owned businesses (SDVOBs), small businesses, and microbusinesses in contracts and procurement processes associated with state-funded buildings. The bill seeks to promote economic equity and ensure that diverse businesses have fair access to opportunities within state-funded projects.
Utilization Goals: The bill establishes specific utilization goals for MWBEs, SDVOBs, small businesses, and microbusinesses in contracts awarded by private businesses operating in state-funded buildings.
Reporting Requirements: Private businesses will be required to report their utilization of these diverse business categories, ensuring transparency and accountability in the procurement process.
Support and Resources: The bill may include provisions for support programs aimed at assisting these businesses in navigating the procurement process, potentially including training and technical assistance.
Compliance Measures: The legislation outlines compliance measures for private businesses, including potential penalties for failing to meet the established utilization goals.
Minority and Women-Owned Businesses: The bill directly benefits MWBEs by increasing their opportunities to secure contracts in state-funded projects.
Service-Disabled Veteran-Owned Businesses: SDVOBs will also gain from enhanced access to procurement opportunities.
Small Businesses and Microbusinesses: The legislation aims to level the playing field for small and microbusinesses, allowing them to compete more effectively for state-funded contracts.
Private Businesses: Companies operating in state-funded buildings will need to adapt their procurement practices to comply with the new requirements.
Current Status: As of August 13, 2025, the bill has been referred to the Governmental Operations committee for further consideration.
Related Legislation: Bill A 8990 has a companion bill, S 8284, which may address similar issues or provide additional context for the legislative intent.
Bill A 8990 represents a significant step towards promoting diversity and inclusion in state-funded projects by ensuring that minority and women-owned businesses, service-disabled veteran-owned businesses, small businesses, and microbusinesses have equitable access to contracting opportunities. The bill's provisions aim to create a more inclusive economic environment and foster growth among underrepresented business communities.
Compiled from official sources — confirm details with the bill’s official record.
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