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AR HB1660
AR HB1660Concerning A Report By The Director Of The Arkansas Economic Development Commission Concerning Contracts Awarded To Businesses In Operation Less Than Five Years.
summary
Introduced
03/16/2023
03/16/2023
In Committee
03/31/2023
03/31/2023
Crossed Over
03/30/2023
03/30/2023
Passed
Dead
05/01/2023
05/01/2023
Introduced Session
94th General Assembly (2023 Regular)
Bill Summary
AN ACT CONCERNING A REPORT BY THE DIRECTOR OF THE ARKANSAS ECONOMIC DEVELOPMENT COMMISSION CONCERNING CONTRACTS AWARDED TO BUSINESSES IN OPERATION LESS THAN FIVE YEARS; AND FOR OTHER PURPOSES.
AI Summary
This bill requires the Director of the Arkansas Economic Development Commission to file an annual report on state contracts awarded to businesses that have been in operation for less than five years. The report must include the number and total dollar amount of such contracts, the percentage of the total number and total dollar amount of state contracts awarded to these businesses, and recommendations on improving access to state contracts for Arkansas businesses that have been in operation for less than five years, including those in underrepresented demographic segments and geographic areas. The first annual report is due by January 1, 2025.
Committee Categories
Agriculture and Natural Resources, Business and Industry
Sponsors (3)
Last Action
Died in Senate Committee at Sine Die adjournment. (on 05/01/2023)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Small Business
Government Operations
- ‐ Government Procurement and Contracting
bill text
bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.arkleg.state.ar.us/Bills/Detail?id=hb1660&ddBienniumSession=2023%2F2023R | 03/16/2023 |
| BillText | https://www.arkleg.state.ar.us/Bills/FTPDocument?path=%2FBills%2F2023R%2FPublic%2FHB1660.pdf | 03/16/2023 |
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