New NY Law Gives Leg Up To Minority-Owned Cos.

Law360, New York (November 24, 2010, 1:32 PM EST) -- A new bill signed into law by New York Gov. David Paterson aims to give women- and minority-owned companies greater access to state contracting and investment opportunities.

A.9976/S. 6888, the Minority and Women-owned Business Enterprises Emerging Managers bill, sponsored by Assemblywoman Crystal Peoples-Stokes, D-Buffalo, and State Senator Ruth Hassell-Thompson, D-Mount Vernon, was formally signed by Paterson in a ceremony Tuesday.

“I am pleased to sign this bill into law, as part of my administration's ongoing efforts to ensure our state corrects the long-standing disparities in government...
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