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IN HB1046

IN HB1046
State educational institution supplier diversity.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead
04/24/2025

Introduced Session

2025 Regular Session

Bill Summary

State educational institution supplier diversity. Requires the governor's supplier diversity commission, the commission for higher education, and the budget committee to review each state educational institution's annual report regarding certain supplier diversity requirements. Provides that if a state educational institution's annual report is not in compliance with certain supplier diversity requirements, the commission for higher education and the budget committee shall determine the total percentage by which the state educational institution fell short of the requirements.

AI Summary

This bill amends Indiana state law to enhance supplier diversity requirements for state educational institutions by establishing a more rigorous review process for their annual diversity reports. The bill expands the duties of the governor's commission on supplier diversity to include reviewing annual reports from state educational institutions regarding their supplier diversity goals, which focus on increasing contracts with minority-owned businesses, women-owned businesses, and veteran-owned small businesses. Specifically, the bill requires the commission for higher education, the governor's supplier diversity commission, and the budget committee to jointly review these annual reports by December 31st each fiscal year. If a state educational institution does not meet the established supplier diversity requirements, the commission and budget committee will calculate the total percentage by which the institution fell short of meeting those goals. The bill aims to promote more inclusive procurement practices and ensure that state educational institutions are actively working to provide opportunities to diverse business enterprises. By mandating this review process, the legislation seeks to increase transparency and accountability in how state educational institutions allocate their contracts and support minority, women-owned, and veteran-owned businesses.

Committee Categories

Education

Sponsors (2)

Last Action

Representative Olthoff added as coauthor (on 01/27/2025)

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