Senate Bill 456 Summary

• Requires the governor's commission on minority and women's business enterprises to establish annual goals for minority and women's business enterprise participation in state prime contracts and subcontracts.

• Goals must be based on statistical analysis of state contracts (updated every five years), disparity studies, and data on combined capacity of minority and women's businesses in Indiana rather than just regional data.

• Expands goal-setting requirements to include contracts funded with state grant funds involving real property use, with goals derived from recent disparity studies and related to state procurement procedures.

• Requires the commission to adopt rules implementing these goals on or before December 31, 2013.

• Directs contractors to demonstrate good faith effort to meet established participation goals using certified firm repositories.