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GA SB346

Bill

Status

Introduced

1/10/2024

Primary Sponsor

Jason Anavitarte

Click for details

Origin

Senate

2023-2024 Regular Session

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