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GA SB346
Bill
Status
Introduced
1/10/2024
Primary Sponsor
Jason Anavitarte
Click for details
AI Summary
- Companies owned or operated by the government of Iran ("scrutinized companies") are prohibited from bidding on or submitting proposals for Georgia state agency contracts for goods or services.
- State agencies must require companies submitting bids or proposals to certify that they are not owned or operated by the Iranian government.
- Companies that submit a false certification face a civil penalty equal to the greater of $250,000 or twice the contract amount, mandatory termination of the contract, and permanent ineligibility to bid on future state contracts.
- "Scrutinized company" is broadly defined to include any entity owned or operated by Iran, encompassing wholly owned subsidiaries, majority-owned subsidiaries, parent companies, and affiliates.
Legislative Description
Department of Administrative Services; companies owned or operated by Iran to bid on or submit a proposal for a state contract; prohibit
Last Action
Senate Read Second Time
2/26/2024
Committee Referrals
Government Oversight1/11/2024
Full Bill Text
No bill text available