S 7730 New York Senate · 2025 Regular Session

Requires state contracts with construction firms reserve a percent of such contract to soft cost spending towards small businesses

Summary

Requires state contracts with construction firms reserve a percent of such contract to soft cost spending towards small businesses located near the construction site; defines what qualifies as soft cost spending.

Bill status in committee 1 of 4 stages cleared

Introduction

May 2025

Committee Review

Floor Vote

Governor

Introduced May 2, 2025 Last action Jun 5, 2026

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What changed between versions

S7730 → S7730A · 4 edits

MODERATE

The bill was amended to change its focus from 'discretionary spending' to 'soft cost funding,' clarifying that it applies to non-construction materials and services rather than pre-construction planning or labor. The spending requirement was increased from a flat 5% of the contract to a tiered percentage of soft costs (15% or 20% depending on city size), and the scope of eligible businesses was expanded to include those within the entire county if local options are exhausted. New enforcement mechanisms were added, requiring quarterly reporting and allowing the state to withhold future funding for non-compliance.

Scope change

The bill's scope was expanded to allow contractors to utilize small businesses located within the entire county if they exhaust all options within a ten-mile radius of the construction site.

DEFINITION

The term 'discretionary spending' was replaced with 'soft cost funding,' and the definition was updated to explicitly exclude pre-construction costs and labor directly related to construction.

FISCAL

The mandatory spending requirement was changed from a flat 5% of the total contract to a tiered percentage of soft costs (15% for cities under one million people, 20% for cities with one million or more).

REQUIREMENT

New requirements mandate quarterly reporting of soft cost spending and allow contractors to expand their search area to the entire county if local small businesses are exhausted.

ENFORCEMENT

The state agency is now authorized to withhold future public funding from contractors who fail to meet spending goals for two or more consecutive quarters.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jun 5, 2026

Committee

COMMITTED TO RULES

upper

Jan 7, 2026

Committee

REFERRED TO PROCUREMENT AND CONTRACTS

upper

Jun 3, 2025

Upper · Passed

PRINT NUMBER 7730A

upper

Jun 3, 2025

Upper · Passed

AMEND (T) AND RECOMMIT TO FINANCE

upper

May 13, 2025

Committee

REPORTED AND COMMITTED TO FINANCE

upper

May 2, 2025

Committee

REFERRED TO PROCUREMENT AND CONTRACTS

upper

1 primary · 0 co-sponsors