Bill > SB2928

This bill permanently establishes the Small Business Procurement Program and the position of Small Business Procurement Coordinator within the State Procurement Office, aiming to ensure that small businesses, including those owned by veterans, Native Hawaiians, and women, can effectively participate in state contracting opportunities. The bill also repeals the Small Business Assistance Initiative, which was established in Act 168 of the 2022 legislative session and was set to expire on January 1, 2525, and appropriates funds to support these permanent positions and programs, with the overall act taking effect on July 1, 3000, but with key provisions related to the program's establishment and funding taking effect on July 1, 2026.