Relates to establishing the "small contractors relief act"; appropriation

S 4731, the "Small Contractors Relief Act," creates a pilot program to help small contractors who were denied liability insurance coverage. It establishes the New York Small Contractor Safety Group, Inc. - a nonprofit organization that will provide insurance coverage to eligible contractors who have been rejected by traditional insurers. The program targets contractors meeting specific criteria, including those with under $1 million in annual revenue (or higher revenue with proof of insurance denial) and certified minority/women-owned businesses. The bill appropriates funds to support this pilot program and outlines its governance structure, including a nine-member board appointed by state leaders.