A5491 (2025-26 session)
NY State bill
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.
- Title
- Relates to providing for prompt payment by contractors receiving public funds of amounts owed to small businesses and minority-owned business enterprises
- Type
- New York State Assembly bill
- Session
- 2025-26 session
- Status
- In Assembly Committee
- Latest action date
- 2026-01-07
- In committee
- Governmental Operations
- Introduced
- 2025-02-14
- Active version
- A5491B
- Same as
- S2284
- Law section
- State Finance Law
Sponsors
- Rodneyse Bichotte Hermelyn Assembly Member, District 42
Co-sponsors
- Al Taylor Assembly Member, District 71
- Alicia Hyndman Assembly Member, District 29
Heard in committee
- Governmental Operations NY State Assembly committee
Same as
- S2284 (2025-26 session) NY State bill