Bill
Bill > HB1655
AR HB1655
AR HB1655To Encourage State Agencies To Award A Portion Of State Contracts To Arkansas Businesses That Have Been In Operation For Less Than Five (5) Years.
summary
Introduced
03/16/2023
03/16/2023
In Committee
04/05/2023
04/05/2023
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 TO ENCOURAGE STATE AGENCIES TO AWARD A PORTION OF STATE CONTRACTS TO ARKANSAS BUSINESSES THAT HAVE BEEN IN OPERATION FOR LESS THAN FIVE (5) YEARS; AND FOR OTHER PURPOSES.
AI Summary
This bill aims to encourage state agencies in Arkansas to award at least 5% of their contracts to businesses that have been in operation for less than five years and have their principal place of business in the state. The bill defines "state agency" as per the existing law under § 19-11-203, and it directs the Office of State Procurement to encourage each state agency to meet this 5% target for awarding contracts to these newer, in-state businesses.
Committee Categories
Agriculture and Natural Resources, Business and Industry
Sponsors (3)
Last Action
Died on Senate Calendar 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
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.arkleg.state.ar.us/Bills/Detail?id=hb1655&ddBienniumSession=2023%2F2023R | 03/16/2023 |
| BillText | https://www.arkleg.state.ar.us/Bills/FTPDocument?path=%2FBills%2F2023R%2FPublic%2FHB1655.pdf | 03/16/2023 |
Loading...