Adds employee-owned enterprises and worker cooperatives to the list of preferred contractors for public contracts in New York.

This bill amends the state finance law to include employee-owned enterprises and worker cooperatives among the preferred contractors for public contracts in New York. It allows these enterprises and cooperatives to purchase certain commodities from centralized contracts, subject to conditions set by the office of general services. Additionally, it authorizes the state comptroller to conduct audits of these enterprises and cooperatives to determine costs and efficiency. The changes take effect 90 days after the bill becomes law.

Adds employee-owned enterprises and worker cooperatives to the list of preferred contractors for public contracts in New York.

This bill amends the state finance law to include employee-owned enterprises and worker cooperatives among the preferred contractors for public contracts in New York. It allows these enterprises and cooperatives to purchase certain commodities from centralized contracts, subject to conditions set by the office of general services. Additionally, it authorizes the state comptroller to conduct audits of these enterprises and cooperatives to determine costs and efficiency. The changes take effect 90 days after the bill becomes law.