2025-2026 Regular SessionNew York Legislature

A05491

Legislative Summary

Requires contractors receiving public funds to pay amounts owed to small businesses and minority-owned business enterprises within 10 days of receipt of an undisputed invoice generated by a small business, minority-owned business enterprise or vendor management service and managed service provider on behalf of the small business or minority-owned business enterprise.

Demographic Impact

Overall analysis of equity impact

70% Positive
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Bill History

2/14/2025
referred to governmental operations
Assembly
4/14/2025
amend and recommit to governmental operations
Assembly
4/14/2025
print number 5491a
Assembly

Status Information

Current Status
Introduced(2/14/2025)
Chamber
Assembly
Committee
Governmental Operations(Assembly)

Documents

Introduced
Bill Text2/14/20257.0 KB
Amended
Bill Text2/14/20256.1 KB