Relating to contract preferences in public procurement for employee-owned businesses; and prescribing an effective date.
1
What it does
Official summary
Adds entities in which employees of the entity own at least 50 percent of the ownership interest in the entity directly or through an employee stock ownership plan to the list of sources to which a contracting agency may give preference in procuring goods or services for public contracts. Takes effect on the 91st day following adjournment sine die.
2
Where do you stand?
Choose your position
3
Tell your reps
Take a position to see your representatives and ways to contact them.
4
More on this bill
Where it stands
Introduced
Passed House
Passed Senate
4To Governor
Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Jun 24Chapter 304, (2025 Laws): effective on the 91st day following adjournment sine die.Latest