Assembly Bill A2028A

2015-2016 Legislative Session

Relates to requiring that bidders and all others seeking state contracts disclose their percentage and number of female executives and board members

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Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

2015-A2028 - Details

See Senate Version of this Bill:
S5709
Current Committee:
Assembly Governmental Operations
Law Section:
State Finance Law
Laws Affected:
Add §148, St Fin L
Versions Introduced in Other Legislative Sessions:
2017-2018: A518
2019-2020: A910
2021-2022: A1795
2023-2024: A502

2015-A2028 - Summary

Requires that bidders and all others seeking state contracts disclose their percentage and number of female executives and board members and their aspirations to include more female members.

2015-A2028 - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2028

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            January 15, 2015
                               ___________

Introduced  by  M.  of  A.  ROSENTHAL  --  read once and referred to the
  Committee on Governmental Operations

AN ACT to amend the state finance law, in  relation  to  requiring  that
  bidders and all others seeking state contracts disclose their percent-
  age and number of female executives and board members

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Legislative intent. The legislature finds that there  is  a
growing body of evidence that companies perform better when their boards
and  executive leadership are strongly represented by women and that the
state has a vested interest in ensuring that companies receiving  public
funds  and  contracts  perform  efficiently  to  maintain a high rate of
success.  Further, the legislature finds that it is in the state's vest-
ed interest to encourage equitable and diverse gender representation  on
corporate  boards  of companies receiving public funds and contracts. It
is the intent of this act to require companies who wish to  do  business
with  the  state  to disclose the current percentage and number of women
executive officers employed by the company,  percentage  and  number  of
women  on its corporate board, and the company's goals for the increased
participation of women in executive positions and on corporate boards.
  S 2. The state finance law is amended by adding a new section  148  to
read as follows:
  S  148.  DISCLOSURE  OF  WOMEN  EXECUTIVES  AND BOARD MEMBERS BY STATE
CONTRACTORS. 1. ALL BID CONDITIONS, REQUESTS FOR  PROPOSALS,  AND  OTHER
SPECIFICATIONS  FOR  CONTRACTS  AWARDED  BY THE STATE SHALL REQUIRE THAT
BIDDERS AND ALL OTHERS SEEKING STATE CONTRACTS SHALL:
  (A) DISCLOSE THE CURRENT PERCENTAGE  AND  NUMBER  OF  WOMEN  EXECUTIVE
OFFICERS  IN  THE COMPANY AND THE CURRENT PERCENTAGE AND NUMBER OF WOMEN
ON THE COMPANY'S EXECUTIVE AND FULL BOARDS;
  (B) THE COMPANY'S ASPIRATIONAL GOALS FOR THE  INCLUSION  OF  WOMEN  IN
EXECUTIVE POSITIONS AND ON THE EXECUTIVE AND FULL BOARDS; AND

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04181-01-5
              

2015-A2028A (ACTIVE) - Details

See Senate Version of this Bill:
S5709
Current Committee:
Assembly Governmental Operations
Law Section:
State Finance Law
Laws Affected:
Add §148, St Fin L
Versions Introduced in Other Legislative Sessions:
2017-2018: A518
2019-2020: A910
2021-2022: A1795
2023-2024: A502

2015-A2028A (ACTIVE) - Summary

Requires that bidders and all others seeking state contracts disclose their percentage and number of female executives and board members and their aspirations to include more female members.

2015-A2028A (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 2028--A

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            January 15, 2015
                               ___________

Introduced  by  M.  of  A.  ROSENTHAL  --  read once and referred to the
  Committee on Governmental Operations  --  committee  discharged,  bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee

AN ACT to amend the state finance law, in  relation  to  requiring  that
  bidders and all others seeking state contracts disclose their percent-
  age and number of female executives and board members

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Legislative intent. The legislature finds that there  is  a
growing body of evidence that companies perform better when their boards
and  executive leadership are strongly represented by women and that the
state has a vested interest in ensuring that companies receiving  public
funds  and  contracts  perform  efficiently  to  maintain a high rate of
success.  Further, the legislature finds that it is in the state's vest-
ed interest to encourage equitable and diverse gender representation  on
corporate  boards  of companies receiving public funds and contracts. It
is the intent of this act to require companies who wish to  do  business
with  the  state  to disclose the current percentage and number of women
executive officers employed by the company,  percentage  and  number  of
women  on its corporate board, and the company's goals for the increased
participation of women in executive positions and on corporate boards.
  S 2. The state finance law is amended by adding a new section  148  to
read as follows:
  S 148. DISCLOSURE OF WOMEN IN EXECUTIVE POSITIONS AND SERVING AS BOARD
MEMBERS  BY  STATE  CONTRACTORS. 1. ALL CONTRACT SOLICITATIONS INCLUDING
BUT NOT LIMITED  TO,  INVITATIONS  FOR  BIDS,  REQUESTS  FOR  PROPOSALS,
REQUESTS FOR APPLICATIONS AND REQUESTS FOR QUALIFICATIONS FOR CONTRACTS,
IN  EXCESS  OF ONE HUNDRED THOUSAND DOLLARS SHALL REQUIRE THAT ALL OFFE-
RORS SEEKING STATE CONTRACTS SHALL DISCLOSE:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04181-02-5

              

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