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MS HB1322
Bill
Status
2/4/2025
Primary Sponsor
Jeffrey Hulum
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AI Summary
House Bill 1322 Summary
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Requires the Public Procurement Review Board to adopt regulations setting aside at least 5% of anticipated annual expenditures for purchases from minority businesses, veterans-owned businesses, and businesses owned by people with disabilities.
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Amends the public purchasing law to allow agencies and governing authorities to set aside up to 20% (rather than discretionary) of anticipated annual expenditures for purchases from minority businesses, veterans-owned businesses, and disability-owned businesses.
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Expands the definition of "minority business" to include businesses owned by veterans (as defined in 38 USCS 101(2)) and persons with disabilities (as defined by the Americans with Disabilities Act).
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All set-aside purchases must comply with existing purchasing regulations and competitive bidding requirements, with awards going to the lowest and best bidder among qualified vendors.
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Effective July 1, 2025.
Legislative Description
Public purchasing laws; revise to include set asides for businesses owned by veterans and people with disabilities.
Last Action
Died In Committee
2/4/2025