This bill amends Title 62 of the Pennsylvania Consolidated Statutes to enhance the support and procurement opportunities for diverse and disadvantaged businesses, specifically by establishing the HUB Zone Business Procurement Program. The bill introduces new definitions, including "HUB zone business," which refers to for-profit businesses located in historically underutilized business zones, and "contract-specific goal," which pertains to the targeted participation of HUB zone businesses in specific procurements. The definition of "diverse and disadvantaged businesses" is expanded to include HUB zone businesses alongside woman-owned, minority-owned, and veteran-owned businesses.

Additionally, the bill mandates that executive and independent agencies establish contract-specific goals for HUB zone business participation, requiring at least 20% participation for contracts between $100,000 and $750,000, and 25% for contracts exceeding $750,000. It outlines the responsibilities of the department in administering the HUB Zone Program, including formulating policies, providing assistance to HUB zone businesses, and monitoring compliance with contract goals. The bill also allows bidders to request waivers of these goals under certain conditions, emphasizing the importance of good faith efforts to include HUB zone businesses in procurement processes. The act is set to take effect 60 days after its passage.

Statutes/Laws affected:
Printer's No. 860 (May 30, 2025): 62-2201