Clarifies eligibility for small business status for employment agencies in minority and women's business development programs.

This bill amends the executive law to redefine the eligibility criteria for employment agencies to qualify as small businesses in minority and women's business development programs. Instead of basing eligibility on the number of employees, it now considers annual receipts. An employment agency is deemed a small business if its annual receipts are less than $30 million, aligning with federal small business administration standards. The change aims to provide a more flexible criterion for small business status in these programs.

Clarifies eligibility for small business status for employment agencies in minority and women's business development programs.

This bill amends the executive law to redefine the eligibility criteria for employment agencies to qualify as small businesses in minority and women's business development programs. Instead of basing eligibility on the number of employees, it now considers annual receipts. An employment agency is deemed a small business if its annual receipts are less than $30 million, aligning with federal small business administration standards. The change aims to provide a more flexible criterion for small business status in these programs.