Stricken language would be deleted from and underlined language would be added to present law.
1 State of Arkansas
2 94th General Assembly A Bill
3 Regular Session, 2023 HOUSE BILL 1655
4
5 By: Representatives Pilkington, J. Richardson
6 By: Senator C. Penzo
7
8 For An Act To Be Entitled
9 AN ACT TO ENCOURAGE STATE AGENCIES TO AWARD A PORTION
10 OF STATE CONTRACTS TO ARKANSAS BUSINESSES THAT HAVE
11 BEEN IN OPERATION FOR LESS THAN FIVE (5) YEARS; AND
12 FOR OTHER PURPOSES.
13
14
15 Subtitle
16 TO ENCOURAGE STATE AGENCIES TO AWARD A
17 PORTION OF STATE CONTRACTS TO ARKANSAS
18 BUSINESSES THAT HAVE BEEN IN OPERATION
19 FOR LESS THAN FIVE (5) YEARS.
20
21
22 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
23
24 SECTION 1. Arkansas Code Title 19, Chapter 11, Subchapter 1, is
25 amended to add an additional section to read as follows:
26 19-11-108. Award of contracts to Arkansas businesses in operation less
27 than five (5) years — Definition.
28 (a) As used in this section, "state agency" means the same as defined
29 under § 19-11-203.
30 (b) The Office of State Procurement shall encourage each state agency
31 to award at least five percent (5%) of contracts entered into by the state
32 agency to businesses:
33 (1) That have been in operation for less than five (5) years;
34 and
35 (2) Whose principal place of business is in this state.
36
*MBM047* 03/16/2023 01:34:31 PM MBM047