New York A05649 directs the advisory panel on employee-owned enterprises to evaluate barriers to certification as MWBEs and recommend strategies for.
New York A05649 amends the economic development law to direct the advisory panel on employee-owned enterprises to evaluate barriers for employee-owned enterprises to be certified in the statewide certification program for minority and women-owned businesses. The panel must also recommend strategies to facilitate the creation of employee-owned enterprises that promote the continuation of existing minority and women-owned businesses. The panel is required to issue a report by June 30, 2025, outlining its findings and recommendations. The bill also extends the expiration date of the panel.
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