By
Brooklyn Assemblywoman Rodneyse Bichotte, chairwoman of the Oversight
of Minority- and Women-Owned Business Enterprises Subcommittee, blasted
Gov. Andrew Cuomo’s decision to veto legislation that would loosen
wealth restrictions for minority- and women-owned businesses as “deeply
troubling.”
In early June, the State Assembly passed legislation sponsored
by Bichotte that removes a requirement that MWBE owners have a personal
net worth of less than $3.5 million to get state certification. At the
end of June, the Senate passed the bill. Republican State Senator Patty Ritchie was the Senate sponsor.
Cuomo vetoed the bill on Friday. In the veto message provided to
Observer by the governor’s office, Cuomo states the bill contains
“several fundamental flaws” they were unable to resolve with the
legislature “that make the bill legally specious and practically
unenforceable.”
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Source: Observer (via Empire Report New York)
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