States / New York / A 5491

A 5491 Amended

Relates to providing for prompt payment by contractors receiving public funds of amounts owed to small businesses and minority-owned business enterprises

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
House
Introduced
Feb 14, 2025
Last action
Jan 7, 2026 — REFERRED TO GOVERNMENTAL OPERATIONS
Session
2025-2026
Momentum
55 · Moderate