| 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 | 
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|---|---|
| 02/10/09 | 
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Last updated: 8/28/2019 8:17 AM (EDT)