Changes the due date for the New York State Teachers' Retirement System's annual MWBE report to December 31st following the fiscal year end.

This bill amends the Education Law to change the due date for the New York State Teachers' Retirement System's annual Minority and Women-Owned Business Enterprise (MWBE) report. Currently, the report must be submitted within sixty days of the end of the fiscal year. The bill modifies this requirement, setting the new due date as December 31st following the fiscal year end. The report must still be published on the teachers' retirement system's website for at least sixty days after submission. This change aims to streamline the reporting process and reduce administrative costs.

Changes the due date for the New York State Teachers' Retirement System's annual MWBE report to December 31st following the fiscal year end.

This bill amends the Education Law to change the due date for the New York State Teachers' Retirement System's annual Minority and Women-Owned Business Enterprise (MWBE) report. Currently, the report must be submitted within sixty days of the end of the fiscal year. The bill modifies this requirement, setting the new due date as December 31st following the fiscal year end. The report must still be published on the teachers' retirement system's website for at least sixty days after submission. This change aims to streamline the reporting process and reduce administrative costs.