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HI HB1909
Bill
Status
1/24/2022
Primary Sponsor
Angus McKelvey
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AI Summary
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Requires the state procurement office to apply a bid preference for banks or credit unions domiciled in Hawaii when contracting for financial services.
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Preference evaluation shall consider community ratio investments, financial reserves, customer service history within the State, obligations to the State, and other criteria determined by the state procurement office or contracting agency.
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Amends Section 103D-1002, Hawaii Revised Statutes, to add financial services to the existing Hawaii products preference framework.
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Effective date: July 1, 2112.
Legislative Description
Relating To Procurement.
Procurement
Last Action
Passed Second Reading as amended in HD 2 and referred to the committee(s) on CPC with Representative(s) Ward voting aye with reservations; Representative(s) D. Kobayashi voting no (1) and Representative(s) Eli, Kapela excused (2).
2/18/2022