This bill establishes new regulations regarding contracts between governmental entities and companies, particularly focusing on those that may discriminate against firearm entities or firearm trade associations. It defines key terms such as "ammunition," "firearm," "firearm entity," and "governmental entity," and specifies that any contract valued at $100,000 or more, which is partially or wholly funded by public money, must include a written verification from the company affirming that it does not discriminate against firearm-related entities. The bill prohibits governmental entities from entering into contracts with companies that do not provide this verification, with exceptions for contracts with sole-source providers or when no compliant bids are received.

Additionally, the bill mandates oversight by the Director of the Office of Management and Enterprise Services, who will review state contracts to ensure compliance with these new requirements. The provisions are set to take effect on November 1, 2025. Overall, the legislation aims to protect firearm-related businesses from discrimination in government contracting processes.