Establishes a publicly available database of business entities in New York that enter into procurement contracts with state entities.

New York Assembly Bill A07820 amends the limited liability company law and the executive law to establish a publicly available database for business entities entering into procurement contracts with state entities. The database, maintained by the Secretary of State, includes the business entity's name, current business address, county, beneficial owner's full name, and other relevant information. The bill also allows beneficial owners to apply for a waiver to withhold their name and address if they demonstrate significant privacy interests.

Establishes a publicly available database of business entities in New York that enter into procurement contracts with state entities.

New York Assembly Bill A07820 amends the limited liability company law and the executive law to establish a publicly available database for business entities entering into procurement contracts with state entities. The database, maintained by the Secretary of State, includes the business entity's name, current business address, county, beneficial owner's full name, and other relevant information. The bill also allows beneficial owners to apply for a waiver to withhold their name and address if they demonstrate significant privacy interests.