Last Action | to Economic Development (H) |
---|---|
Title | AN ACT relating to state procurement. |
Bill Documents |
Bill
|
Impact Statements | Local Mandate |
Bill Request Number | 233 |
Sponsor | R. Palumbo |
Summary of Original Version | Create a new section in KRS Chapter 45A to give preference to Kentucky small businesses in government contracts over the small purchase limit; require contractors with government contracts over $500,000 to utilize Kentucky small businesses for at least 20% of their contract price or face a 5% contract price penalty; require the Finance and Administration Cabinet to report utilization of Kentucky small businesses, women-owned businesses, minority-owned businesses, and veteran-owned businesses in state contracts; amend various sections of KRS Chapter 45A to conform. |
Index Headings of Original Version |
Purchasing - Preference given to Kentucky small businesses Economic Development - Small business, government purchasing State Agencies - Governmental bodies and local public agencies, purchasing preference Local Mandate - Governmental bodies and local public agencies, purchasing preference |
02/09/09 |
|
---|---|
02/10/09 |
|
Last updated: 8/28/2019 8:17 AM (EDT)