Summary of Bill S 267

Bill Information

• Bill Number: S 267
• Title: Relates to reciprocity between the state and New York City for businesses that are certified as minority and women-owned business enterprises
• Status: Referred to Procurement and Contracts
• Introduced: January 08, 2025
• Classification: Bill

Purpose and Intent

Bill S 267 aims to establish a framework for reciprocity between the state and New York City regarding the certification of minority and women-owned business enterprises (MWBEs). The intent is to streamline the certification process, making it easier for these businesses to operate across both jurisdictions without facing redundant requirements.

Key Provisions

• Reciprocity Agreement: The bill proposes that businesses certified as MWBEs by either the state or New York City will be recognized as certified in the other jurisdiction. This means that if a business is certified in one area, it will not need to undergo a separate certification process in the other.

• Streamlined Processes: The legislation aims to create a more efficient certification process, reducing administrative burdens on MWBEs and encouraging their participation in public contracts.

• Collaboration Between Entities: The bill encourages collaboration between state and city agencies to ensure that the certification processes are aligned and that businesses receive consistent information and support.

Who Would Be Affected

• Minority and Women-Owned Businesses: The primary beneficiaries of this bill are MWBEs that seek to expand their operations and access contracts in both state and city markets.

• State and City Agencies: Agencies involved in the procurement process will need to adapt their certification procedures to comply with the new reciprocity framework.

Procedural Aspects

• Current Status: As of January 08, 2025, the bill has been referred to the Procurement and Contracts committee for further consideration.

• Related Legislation: This bill is related to prior-session bills S 8139 and S 7371, as well as companion bill A 8294, which may address similar issues regarding MWBE certification and support.

Conclusion

Bill S 267 represents a significant step towards enhancing the operational capabilities of minority and women-owned businesses in New York State and City. By establishing reciprocity in certification, the bill aims to reduce barriers and promote equitable access to public contracts, ultimately fostering a more inclusive economic environment.