Bill > H3428

This bill amends South Carolina's procurement code to provide a price preference for businesses owned by service-disabled veterans who reside in the state. Specifically, when evaluating bids for government contracts, a procurement officer will now be required to decrease the bid price by two percent if the bid is submitted by a business owned by a service-disabled veteran residing in South Carolina. The bill carefully defines a "service-disabled veteran" as a person who served in active military, naval, or air service and was discharged under conditions other than dishonorable, with an important caveat that the disability (if applicable) was not incurred or aggravated during active service. This provision aims to provide a competitive advantage to veteran-owned businesses in the state's procurement process, potentially helping service-disabled veterans secure government contracts by making their bids more financially attractive. The amendment will take effect upon approval by the Governor, offering an additional form of support and recognition for service-disabled veterans in South Carolina's business landscape.

Budget and Finance

https://www.scstatehouse.gov/billsearch.php?billnumbers=3428&session=126&summary=B