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AR HB1655

Bill

Official Source

Status

Failed

5/1/2023

Primary Sponsor

Aaron Pilkington

Click for details

Origin

House of Representatives

94th General Assembly (2023 Regular)

AI Summary

  • Amends Arkansas Code Title 19, Chapter 11, Subchapter 1 to add section 19-11-108 regarding contract awards to new Arkansas businesses
  • Directs the Office of State Procurement to encourage each state agency to award at least 5% of contracts to businesses that have been in operation for less than 5 years
  • Requires eligible businesses to have their principal place of business located in Arkansas
  • Applies the encouragement to all contracts entered into by state agencies
  • Defines "state agency" as having the same meaning as under § 19-11-203

Legislative Description

To Encourage State Agencies To Award A Portion Of State Contracts To Arkansas Businesses That Have Been In Operation For Less Than Five (5) Years.

Last Action

Died on Senate Calendar at Sine Die adjournment.

5/1/2023

Committee Referrals

Insurance & Commerce3/31/2023
Agriculture, Forestry and Economic Development3/16/2023

Full Bill Text

No bill text available