Bill Text: TX HB4937 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to reporting on state contracts awarded to new businesses.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-23 - Referred to State Affairs [HB4937 Detail]
Download: Texas-2023-HB4937-Introduced.html
| 88R14537 LRM-F | ||
| By: Harris of Williamson | H.B. No. 4937 | |
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| relating to reporting on state contracts awarded to new businesses. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter B, Chapter 2155, Government Code, is | ||
| amended by adding Section 2155.092 to read as follows: | ||
| Sec. 2155.092. REPORTING CONTRACTS WITH NEW BUSINESS. (a) | ||
| In this section, "new business" means a business that has been in | ||
| operation for less than five years and has its principal place of | ||
| business in this state. | ||
| (b) Not later than September 1 of each year, the comptroller | ||
| shall file a report with the legislature that identifies: | ||
| (1) the number of state contracts awarded to new | ||
| businesses during the previous year; | ||
| (2) the dollar value of all state contracts awarded to | ||
| new businesses during the previous year; | ||
| (3) the number of state contracts awarded to new | ||
| businesses that qualify as a historically underutilized business, | ||
| as defined by Section 2161.001, during the previous year; | ||
| (4) the geographic area of the state, including the | ||
| city and county, where each new business awarded a state contract in | ||
| the previous year is located; | ||
| (5) the percentage of all state contracts awarded to | ||
| new businesses during the previous year; and | ||
| (6) the percentage of the total dollar value of all | ||
| state contracts awarded to new businesses during the previous year. | ||
| (c) As part of the report required by Subsection (b) that | ||
| must be filed before September 1, 2024, the comptroller, in | ||
| conjunction with the Texas Economic Development and Tourism Office | ||
| within the office of the governor, shall make recommendations to | ||
| improve access by new businesses to state contracting, including | ||
| new businesses owned by statistically underrepresented demographic | ||
| groups and in statistically underrepresented geographic areas of | ||
| the state. This subsection expires January 1, 2025. | ||
| SECTION 2. This Act takes effect September 1, 2023. | ||
