Relates to participation by LGBT, disability and veteran-owned businesses in state contracts

The New York State Supplier Diversity Act (S 7443) aims to increase the participation of businesses owned by LGBT individuals, disabled individuals, and veterans in state contracts. It establishes a new Division of Supplier Diversity within the Office of General Services. This division will certify eligible businesses - defined as those at least 51% owned and controlled by these groups, with a significant state presence and up to 300 employees - and create a directory for state agencies to use. The bill applies to state contracts for services, supplies, and real property projects exceeding specified monetary thresholds.