Increases the statewide goal for participation on state contracts by service-disabled veteran-owned business enterprises from six to eight percent.
Impact
The enactment of A11225 would alter the existing regulatory framework concerning veteran-owned businesses, making it more favorable for service-disabled veterans to secure state contracts. This change is expected to encourage the growth and sustainability of these businesses, potentially leading to job creation and increased economic activity among veteran entrepreneurs. By setting a higher goal for participation, the state aims to foster a more inclusive contracting environment that acknowledges the unique challenges faced by service-disabled veterans during their transition into civilian business sectors.
Summary
Bill A11225 proposes to amend the veterans' services law in New York by significantly increasing the participation goal for service-disabled veteran-owned business enterprises in state contracts. Specifically, the bill raises the participation goal from six percent to twenty percent. The intention behind this change is to enhance the economic opportunities available to service-disabled veterans, facilitating greater access to state contracts and boosting their representation in state procurement processes.
Contention
While the bill generally has garnered support within the veterans' community and among lawmakers advocating for veterans' rights, there may be concerns among other businesses regarding the impact of such a significant increase on competition for state contracts. Critics may argue that prioritizing service-disabled veteran-owned businesses to this extent could limit opportunities for non-veteran businesses, thereby engendering a debate on the balance between supporting a vulnerable population and ensuring fair competition for all businesses seeking state contracts.
Same As
Increases the statewide goal for participation on state contracts by service-disabled veteran-owned business enterprises from six to eight percent.
Requires that certain contracts let by the office of general services be reserved for small businesses, including minority-owned business enterprises and women-owned business enterprises.
Relates to participation by veterans with respect to state contracts by expanding Article 3 of the veterans' services law to cover all veteran-owned business enterprises instead of only service-disabled veteran-owned business enterprises; makes related corrections in law.
Requires that public contracts be divided by size into large, medium, small and micro contracts for the purpose of increasing opportunities for small businesses, including minority-owned business enterprises and women-owned business enterprises, to participate in state contracts.
Enacts the lift our communities advertise locally (LOCAL) program which provides a tax credit on advertising for locally owned minority-owned and women-owned business enterprises, certified service-disabled veteran-owned business enterprises or a small business.
Enacts the lift our communities advertise locally (LOCAL) program which provides a tax credit on advertising for locally owned minority-owned and women-owned business enterprises, certified service-disabled veteran-owned business enterprises or a small business.
Authorizes agencies to procure goods, services and construction from special veteran emerging business enterprises; defines special veteran emerging business enterprises.
Authorizes agencies to procure goods, services and construction from special veteran emerging business enterprises; defines special veteran emerging business enterprises.