Monday, May 19, 2014

New Veterans Law in New York State

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877-791-8076 / StoberLaw.com 

Governor Andrew Cuomo signed a new law last week, awarding 6 percent of state contracts to businesses owned by disabled veterans.  This Service-Disabled Veteran-Owned Business Act will affect the nearly 106,000 service-connected disabled veterans who live in New York state, according to the US Department of Veterans Affairs. 

5 things that the Service-Disabled Veteran-Owned Business Act aims to achieve:

  • Create the Division of Service-Disabled Veterans’ Business Development within the Office of General Services.
  • Compile a public directory of businesses owned by disabled veterans.
  • Annual progress reports on meeting the 6 percent goal.
  • Extend the Jobs for Heroes program and the Hire-a-Vet tax credit.
  • Certify eligible businesses that are allowed to bid on state contracts.
Read more about the Service-Disabled Veteran-Owned Business Act in the NY Post.  The Law Offices of Louis D. Stober Jr. are experienced in all aspects of law. Our experience, combined with our successful track record makes us Long Island’s premier law firm. Contact our office for a consultation by calling 877-791-8076.  You can also like us on Facebook and follow us on Twitter for the latest news stories and legal tips.