Relates to the effectiveness of chapter 565 of the laws of 2022 amending the state finance law relating to preferred source status for entities that provide employment to certain persons

This bill makes permanent a 2022 law that grants "preferred source status" to businesses providing employment to certain persons (like veterans or individuals with disabilities) when those businesses bid on state government contracts. It removes the original 3-year expiration date from the 2022 law, ensuring the preferred status remains in effect indefinitely. The provision directly affects state government contractors who employ these specific groups, giving them priority in procurement processes. It does not create new eligibility criteria but extends the existing rule permanently. The law applies to new contracts issued after the effective date, not to existing contracts or requests for proposals.