SB 597 – Requires 10% of state contracts be awarded to businesses with less than 25 employees

• Sponsor: Ridgeway
• LR Number: 3234S.02I
• Committee: Financial and Governmental Organizations and Elections
• Last Action: 2/8/2010 - Hearing Conducted S Financial and Governmental Organizations and Elections Committee
• Effective Date: August 28, 2010

Current Bill Summary

SB 597 - The Office of Administration shall award at least 10% of all state contracts throughout the year to small businesses employing less than 25 employees. There shall be at least two such businesses bidding for the contract and existing competitive bidding requirements shall apply with respect to those businesses.

CHRIS HOGERTY