Bill Text: NY A01508 | 2019-2020 | General Assembly | Introduced
Bill Title: Establishes a payment verification program for the purposes of ensuring that certified businesses on subcontracts, are able to confirm that such certified business has received prompt payment from a contractor within fifteen days of a contractors submission of an invoice to the state.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-01-08 - referred to governmental operations [A01508 Detail]
Download: New_York-2019-A01508-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 1508 2019-2020 Regular Sessions IN ASSEMBLY January 15, 2019 ___________ Introduced by M. of A. BICHOTTE -- read once and referred to the Commit- tee on Governmental Operations AN ACT to amend the executive law, in relation to instituting a payment verification program for certified businesses on subcontracts The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 311 of the executive law is amended by adding a new 2 subdivision 5 to read as follows: 3 5. (a) The director shall establish a payment verification program for 4 the purposes of ensuring that certified businesses on subcontracts, are 5 able to confirm that such certified business has received prompt payment 6 from a contractor within fifteen days of a contractors submission of an 7 invoice to the state. Such program shall: 8 (i) Utilize the state's electronic tracking system to monitor compli- 9 ance with prompt payment as set forth in this paragraph; 10 (ii) Ensure that certified businesses on subcontracts are contacted to 11 ensure payment was received; 12 (iii) Require that discrepancies between the payment amount reported 13 by certified businesses on subcontracts and the payment amount actually 14 received from the prime contractor, be resolved before any additional 15 payments are made to the prime contractor; and 16 (iv) Require that prime contractors submit to the state an image of 17 the cancelled check written to the certified business on subcontract for 18 each invoice. 19 (b) Such program shall be published on the New York state contract 20 system website, in solicitation documents, and in contract documents. 21 (c) Compliance with the payment verification program shall be a manda- 22 tory provision of a prime contract. 23 § 2. This act shall take effect immediately; provided, however, that 24 the amendments to section 311 of the executive law made by section one 25 of this act shall not affect the expiration of such section and shall be 26 deemed to expire therewith. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00189-01-9