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HI HB2033
Bill
Status
1/22/2024
Primary Sponsor
Daniel Holt
Click for details
AI Summary
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Establishes a 20 percent procurement preference for Hawaii accounting service businesses in public fund expenditures for accounting services.
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Requires Hawaii accounting service businesses to self-certify that at least 80 percent of labor costs will be performed in-state by state domiciled persons and maintain a commercial physical office of sufficient capacity.
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Defines "accounting services" as recording, classifying, and summarizing financial transactions, including assurance services such as audits.
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Clarifies that reciprocal procurement preferences under HRS §103D-1004 apply to both bidders and offerors under sections 103D-302 and 103D-303.
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Exempts the preference requirements when federal competitive bidding requirements apply.
Legislative Description
Relating To Procurement Preferences And Reciprocity.
Definitions
Last Action
Referred to LGO, CPC, FIN, referral sheet 2
1/24/2024