MO SB1245

State and local government agencies must give a three-point bonus preference to honorably discharged veteran-owned enterprises when awarding contracts for jobs or services

Qualifying businesses must be at least 51% owned by honorably discharged veterans, with management and daily operations controlled by veteran owners

Commissioner of administration has a goal of awarding 3% of all state contracts to honorably discharged veteran-owned enterprises

Creates a separate three-point bonus preference for service-disabled veteran businesses, also with a 3% contracting goal

Businesses cannot receive bonus points under both the honorably discharged veteran preference and the service-disabled veteran preference for the same contract