Bill > HB1225

This bill creates the Best Customer Price Act, which aims to level the playing field for small and mid-sized businesses, particularly minority-owned, women-owned, and veteran-owned businesses, in state procurement processes. The legislation requires suppliers or resellers of goods to state agencies or public higher education institutions to provide the "best customer pricing," which means the lowest price offered to any customer, including all discounts and incentives. Suppliers must obtain a letter of supply from manufacturers confirming they can secure the requested goods and that the same best pricing has been extended to all state-registered suppliers. The bill allows state agencies and public institutions to decline bids if they do not believe the pricing is competitive, and it specifically does not require manufacturers to extend best pricing for goods not being purchased by the state. The act is designed to ensure state purchases always receive the most favorable pricing, potentially helping smaller businesses compete more effectively in state procurement processes. The bill will be in effect immediately upon becoming law and is set to be automatically repealed on January 1, 2031.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1225&GAID=18&DocTypeID=HB&SessionID=114&GA=104