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File #: Int 0923-2015    Version: Name: Requiring the dept of small business services to submit an annual report regarding the satisfaction of minority and women owned business enterprises goals by recipients of economic development benefits.
Type: Introduction Status: Enacted
Committee: Committee on Contracts
On agenda: 9/30/2015
Enactment date: 9/28/2016 Law number: 2016/109
Title: A Local Law to amend the New York city charter, in relation to requiring the department of small business services to submit an annual report regarding the satisfaction of minority and women owned business enterprises goals by recipients of economic development benefits
Sponsors: Laurie A. Cumbo, Robert E. Cornegy, Jr., Helen K. Rosenthal, Margaret S. Chin, Mathieu Eugene, Vincent J. Gentile, Peter A. Koo, Deborah L. Rose, Jumaane D. Williams, Inez E. Dickens, Ruben Wills, Donovan J. Richards, Annabel Palma, Karen Koslowitz, Carlos Menchaca, I. Daneek Miller, Antonio Reynoso, Elizabeth S. Crowley, James G. Van Bramer, Andrew Cohen, Daniel R. Garodnick, Stephen T. Levin, Ben Kallos
Council Member Sponsors: 23
Summary: This bill would first require the New York City Economic Development Corporation (EDC) to assess and evaluate entities (by August 1 of each year, beginning 2017) to which it provided a loan, grant or tax benefit greater than $150,000, or who are involved with the sale or lease of city-owned land for a project expected to retain or create at least 25 jobs, to determine whether they met the M/WBE goals, if applicable, on the particular project. EDC would then submit this information to the Department of Small Business Services (SBS) (by November 1 of each year, beginning 2017). SBS would be required to submit an annual report (by January 1 of each year, with the first report due January 30, 2018) to the Mayor and the Speaker of the Council containing information including: (i) a list of all recipients of economic development benefits; (ii) the M/WBE goals for these recipients; (iii) whether the recipient conducted a good faith effort to identify and utilize M/WBEs to achieve such goals; and (iv) if M/WBE contracting goals were not met by a recipient, a description of the reasons the goals were not met.
Indexes: Oversight, Report Required
Attachments: 1. Legislative History Report, 2. Summary of Int. No. 923-A, 3. Summary of Int. No. 923, 4. Int. No. 923 - 9/30/15, 5. September 30, 2015 - Stated Meeting Agenda with Links to Files, 6. Committee Report 12/14/15, 7. Hearing Testimony 12/14/15, 8. Hearing Transcript 12/14/15, 9. Proposed Int. No. 923-A - 9/19/16, 10. Committee Report 9/14/16, 11. Hearing Transcript 9/14/16, 12. September 14, 2016 - Stated Meeting Agenda with Links to Files, 13. Int. No. 923-A (FINAL), 14. Fiscal Impact Statement, 15. Hearing Transcript - Stated Meeting 9-14-16, 16. Mayor's Letter, 17. Minutes of the Stated Meeting - September 14, 2016, 18. Local Law 109, 19. Annual Report on the Satisfaction of MWBE Goals by Recipients of Economic Development Benefits - NYC Department of Small Business Services
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
9/28/2016ALaurie A. Cumbo City Council Recved from Mayor by Council  Action details Meeting details Not available
9/28/2016ALaurie A. Cumbo Mayor Signed Into Law by Mayor  Action details Meeting details Not available
9/28/2016ALaurie A. Cumbo Mayor Hearing Held by Mayor  Action details Meeting details Not available
9/14/2016ALaurie A. Cumbo City Council Sent to Mayor by Council  Action details Meeting details Not available
9/14/2016ALaurie A. Cumbo City Council Approved by CouncilPass Action details Meeting details Not available
9/14/2016*Laurie A. Cumbo Committee on Contracts Hearing Held by Committee  Action details Meeting details Not available
9/14/2016*Laurie A. Cumbo Committee on Contracts Amendment Proposed by Comm  Action details Meeting details Not available
9/14/2016*Laurie A. Cumbo Committee on Contracts Amended by Committee  Action details Meeting details Not available
9/14/2016ALaurie A. Cumbo Committee on Contracts Approved by CommitteePass Action details Meeting details Not available
12/14/2015*Laurie A. Cumbo Committee on Small Business Laid Over by Committee  Action details Meeting details Not available
12/14/2015*Laurie A. Cumbo Committee on Small Business Hearing Held by Committee  Action details Meeting details Not available
12/14/2015*Laurie A. Cumbo Committee on Women's Issues Laid Over by Committee  Action details Meeting details Not available
12/14/2015*Laurie A. Cumbo Committee on Women's Issues Hearing Held by Committee  Action details Meeting details Not available
12/14/2015*Laurie A. Cumbo Committee on Contracts Laid Over by Committee  Action details Meeting details Not available
12/14/2015*Laurie A. Cumbo Committee on Contracts Hearing Held by Committee  Action details Meeting details Not available
9/30/2015*Laurie A. Cumbo City Council Referred to Comm by Council  Action details Meeting details Not available
9/30/2015*Laurie A. Cumbo City Council Introduced by Council  Action details Meeting details Not available

Int. No. 923-A

 

By Council Members Cumbo, Cornegy, Rosenthal, Chin, Eugene, Gentile, Koo, Rose, Williams, Dickens, Wills, Richards, Palma, Koslowitz, Menchaca, Miller, Reynoso, Crowley, Van Bramer, Cohen, Garodnick, Levin and Kallos

 

A Local Law to amend the New York city charter, in relation to requiring the department of small business services to submit an annual report regarding the satisfaction of minority and women owned business enterprises goals by recipients of economic development benefits

 

Be it enacted by the Council as follows:

 

Section 1. Section 1301 of chapter 56 of the New York city charter is amended by adding a new subdivision b-2 to read as follows:

                     b-2. By August 1, 2017, and by August 1 every year thereafter, the entity under contract with the department to provide or administer economic development benefits on behalf of the city shall assess and evaluate each business entity to which it provided assistance in the form of a loan, grant or tax benefit in excess of one hundred fifty thousand dollars, or sale or lease of city-owned land for a project expected, in accordance with information provided by the applicant for the sale or lease, to retain or create not less than twenty-five jobs,  to determine whether they met minority and women-owned business goals, if any, pursuant to the contract. The findings of such assessments shall be submitted to the department on or before November 1, 2017, and on November 1 every year thereafter. By January 30, 2018, and by January 1 every year thereafter, the department shall submit such assessment and evaluation to the mayor and the speaker of the council, which shall include, but not be limited to: (i) a list of all recipients of such economic development benefits; (ii) the minority and women-owned business goals for these recipients; (iii) whether the recipient conducted a good faith effort to identify and utilize minority and women-owned businesses to achieve such goals; and (iv) if minority and women-owned business contracting goals were not met by a recipient, a description of the reasons the goals were not met.

                     §2. This local law shall take effect immediately.

 

 

ASB/ENB

LS #5192

9/6/2016 9:15 PM