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S 1215

APPROPRIATIONS – MILLENNIUM INCOME FUND – Relates to the appropriations from the Idaho Millennium Income Fund for fiscal years 2025 and 2026.

68th Legislature, 1st Regular Session (2025)

Bill S 1215 enhances annual reporting for minority and women-owned businesses, boosting transparency and support to improve their visibility and economic impact.

Signed by Governor on 04/14/25 Session Law Chapter 336 Effective: 04/14/2025 SECTION 14 & 15; 07/01/2025 SECTION 1-13
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Bill Summary · S 1215

Summary of Bill S 1215

Bill Overview

  • Bill Number: S 1215
  • Title: Relates to the requirements of the annual report from the division of minority and women's business development
  • Status: Referred to Procurement and Contracts
  • Introduced On: January 08, 2025
  • Classification: Bill

Purpose and Intent

The primary purpose of Bill S 1215 is to amend the existing requirements for the annual report submitted by the Division of Minority and Women's Business Development. This bill aims to enhance transparency and accountability regarding the performance and impact of minority and women-owned businesses within the state.

Key Provisions

While the specific text of the bill is not provided, the following are anticipated provisions based on the title and legislative context:

  • Enhanced Reporting Requirements: The bill may introduce more detailed metrics and data points that the Division must include in its annual report. This could involve information on the number of minority and women-owned businesses, their economic contributions, and challenges faced.

  • Focus on Outcomes: The legislation may emphasize the outcomes of programs designed to support minority and women-owned businesses, potentially requiring the Division to assess the effectiveness of these initiatives.

  • Stakeholder Engagement: The bill could mandate that the Division consult with minority and women business owners when preparing the report, ensuring that their voices and experiences are reflected.

Who Would Be Affected

  • Minority and Women-Owned Businesses: The bill directly impacts these businesses by potentially providing them with greater visibility and support through improved reporting and accountability measures.

  • State Agencies: Agencies involved in procurement and contracting may need to adjust their practices based on the enhanced reporting requirements.

  • Policymakers and Advocates: Legislators and advocacy groups focused on minority and women’s business development will benefit from the increased data and insights provided by the annual report.

Procedural Aspects

  • Current Status: As of January 08, 2025, the bill has been referred to the Procurement and Contracts committee for further consideration.

  • Related Legislation: Bill S 1215 is related to several prior-session bills (S 7520, S 4031, S 2213, S 3371, S 1428), which may provide context or precedent for its provisions and intent.

Conclusion

Bill S 1215 seeks to strengthen the framework for reporting on minority and women-owned businesses, aiming to foster a more inclusive economic environment. By enhancing the annual reporting requirements, the bill intends to provide better insights into the challenges and successes of these businesses, ultimately supporting their growth and sustainability.

Compiled from official sources — confirm details with the bill’s official record.

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