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S.F. No. 222 - Veteran-Owned Small Business Certification for State Procurement Modification - the First Engrossment
 
Author: Senator Michelle R. Benson
 
Prepared By: Stephanie James, Senate Counsel (651/296-0103)
 
Date: February 20, 2015



 

Section 1 [Eligibility; Rules] establishes an alternative procedure for a business to be certified as a veteran-owned small business.  The procedure required under current law is a federal verification through the Department of Administration.  The new procedure is a state verification. Under current law, a veteran-owned small business is entitled to certain benefits, including bid preferences in state, county, and city contracting, and eligibility for certain interest-free loans.

Section 2 [Definitions] and Section 3 [Policy; Purpose; Director] permits counties to establish a bid preference program for veteran-owned small businesses for capital projects that are paid for in whole or in part by state general obligation bonds.

Section 4 [Veteran Preference] permits the city of Rochester to award a six-percent bid preference to veteran-owned small businesses on public infrastructure projects under the Destination Medical Center development plan funded with city-issued general obligation bonds, revenue bonds, or other obligations.

Section 5 [Veteran-Owned Small Business Contracts] permits local governments to implement a bid preference for veteran-owned small businesses for projects funded with state general obligation bonds.

Section 6 [Veteran-Owned Small Business Certification] appropriates $100,000 in fiscal year 2016 from the general fund to develop and implement a certification program for veteran-owned small businesses.

 

 

 

 
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