S2284 (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 Senate bill
- Session
- 2025-26 session
- Status
- In Senate Committee
- Latest action date
- 2026-01-07
- In committee
- Procurement And Contracts
- Introduced
- 2025-01-16
- Active version
- S2284A
- Same as
- A5491
- Law section
- State Finance Law
Sponsors
Co-sponsors
- Jessica Ramos State Senator, District 13
- Kevin S. Parker State Senator, District 21
- Nathalia Fernandez State Senator, District 34
Heard in committee
- Procurement And Contracts NY State Senate committee
Same as
- A5491 (2025-26 session) NY State bill