WeVote
Log In

Bill

Bill

S 8284

Relates to the utilization of minority and women-owned business enterprises, service-disabled veteran-owned businesses, small businesses and microbusinesses by businesses operating in state-funded buildings

2025 Regular Session Introduced by April Baskin

Bill S 8284 boosts access for minority, women, and veteran-owned businesses in state contracts, promoting economic equity and requiring compliance with utilization goals.

PRINT NUMBER 8284A
0
WeVote Research Nonpartisan
Bill Summary · S 8284

Summary of Bill S 8284

Bill Number: S 8284
Title: Relates to the utilization of minority and women-owned business enterprises, service-disabled veteran-owned businesses, small businesses, and microbusinesses by businesses operating in state-funded buildings
Status: PRINT NUMBER 8284A
Introduced: May 30, 2025
Classification: Bill

Purpose and Intent

Bill S 8284 aims to enhance the participation of minority and women-owned business enterprises (MWBEs), service-disabled veteran-owned businesses, small businesses, and microbusinesses in contracts associated with state-funded buildings. The intent is to promote economic equity and ensure that diverse business entities have increased access to state procurement opportunities.

Key Provisions

  • Utilization Goals: The bill establishes specific utilization goals for MWBEs, service-disabled veteran-owned businesses, small businesses, and microbusinesses in contracts for state-funded projects.

  • Reporting Requirements: Businesses operating in state-funded buildings will be required to report their utilization of these diverse business entities, ensuring transparency and accountability in procurement practices.

  • Support Programs: The bill may include provisions for support programs aimed at assisting these businesses in navigating the procurement process, including training and resources to enhance their competitiveness.

  • Compliance Measures: There will be compliance measures to ensure that businesses adhere to the established utilization goals, potentially including penalties for non-compliance.

Affected Parties

  • Businesses: The primary beneficiaries of this bill are minority and women-owned business enterprises, service-disabled veteran-owned businesses, small businesses, and microbusinesses. These entities will gain greater access to state contracts and procurement opportunities.

  • State Agencies: State agencies involved in procurement will need to implement the new requirements and ensure compliance with the utilization goals set forth in the bill.

  • Contractors: Larger businesses operating in state-funded buildings will be impacted as they will need to adjust their procurement practices to meet the new requirements.

Procedural Aspects

  • Legislative Timeline:

    • May 30, 2025: Bill introduced and referred to the Committee on Procurement and Contracts.
    • June 9, 2025: The bill was amended and recommitted to the Committee on Procurement and Contracts, indicating ongoing discussions and potential revisions.

  • Related Legislation: This bill has a companion bill, A 8990, which may provide additional context or support for similar initiatives in the Assembly.

Conclusion

Bill S 8284 represents a significant step towards fostering inclusivity and diversity in state procurement processes. By establishing clear goals and support mechanisms for minority and women-owned businesses, service-disabled veteran-owned businesses, small businesses, and microbusinesses, the bill seeks to create a more equitable economic landscape in state-funded projects. As the bill progresses through the legislative process, stakeholders will be closely monitoring its developments and potential impacts.

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

Sign in to ask a question.