Authorizes the power authority to create the New York State small business development program

This bill creates a program allowing New York's Power Authority to establish the "New York State Small Business Development Program" for small construction businesses. Eligible businesses must be independently owned, have annual revenues under $10 million, and meet criteria aligned with federal small business standards. The program would grant qualifying businesses up to five years of access to compete for authority contracts (capped at $1.5 million initially), with assistance to secure bonding for contracts. The Power Authority sets participation rules, contract criteria, and provides capacity-building support like business training and performance guidance.