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GA HB863
Bill
Status
3/25/2025
Primary Sponsor
Teddy Reese
Click for details
AI Summary
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State agencies must make reasonable efforts to dedicate at least 20% of annual procurement contracts exclusively to Georgia small businesses
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Small businesses defined as independently owned with either fewer than 50 employees or less than $10 million in gross receipts per year
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Department of Administrative Services will certify eligible small businesses and maintain a public directory of certified businesses
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State agencies must submit annual reports on contract values awarded to small businesses; agencies failing to meet the 20% target must submit corrective action plans
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Department authorized to conduct training sessions and provide resources to help small businesses navigate state procurement opportunities
Legislative Description
Georgia Small Business Set-Aside Act; enact
Last Action
House Committee Favorably Reported By Substitute
2/26/2026