Changes the due date by which the New York State teachers' retirement system is required to submit the annual MWBE report

Summary

The bill moves the deadline for the teachers’ retirement system to submit its annual minority‑ and women‑owned‑business‑enterprise (MWBE) report from within 60 days after the fiscal year to on or before December 31 of that year. The report must detail MWBE participation in the system’s investments and services, compare it to overall activity, and be posted online for at least 60 days. The change takes effect immediately for the next reporting cycle.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share