New York Assembly Bill A07106, introduced on March 20, 2025, requires that new multiple dwellings seeking exemption from local taxation must comply with minority and women-owned business enterprise (MWBE) participation goals. This means developers must ensure a certain percentage of their project's work is contracted to MWBEs to qualify for tax exemptions. The bill amends the Real Property Tax Law to enforce this requirement. ([legiscan.com](https://legiscan.com/NY/text/A07106/2025?utm_source=openai))
NY A07106 is a house bill in the New York 2025-2026 General Assembly, sponsored by Rodneyse Bichotte Hermelyn (D), currently “Introduced” since March 20, 2025.
We track 14,627 New York bills this session, 88 of them sponsored by Rodneyse Bichotte Hermelyn.
While specific media coverage is limited, the bill's emphasis on MWBE participation aligns with ongoing efforts to promote diversity and inclusion in New York's construction industry. By integrating MWBEs into large-scale projects, the legislation aims to foster economic opportunities for underrepresented groups, potentially leading to broader support from community organizations advocating for minority and women entrepreneurs.
The bill's requirement for MWBE participation could face criticism from developers concerned about meeting specific participation goals, which may be perceived as burdensome or restrictive. Additionally, there may be apprehension regarding the potential increase in project costs and extended timelines associated with sourcing and coordinating with MWBEs.
About This Analysis
This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the New York State Legislature. Conflict-of-interest analysis for this bill is coming soon.
What does NY A07106 do?
New York Assembly Bill A07106, introduced on March 20, 2025, requires that new multiple dwellings seeking exemption from local taxation must comply with minority and women-owned business enterprise (MWBE) participation goals. This means developers must ensure a certain percentage of their project's work is contracted to MWBEs to qualify for tax exemptions. The bill amends the Real Property Tax…
What is the status of NY A07106?
NY A07106 is currently “Introduced” in the New York legislature.
Who sponsored NY A07106?
Rodneyse Bichotte Hermelyn (D) sponsored NY A07106.
NY A07106