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2012 SESSION
SB 620 Federal Government Contractor Grant Fund and Program; created & established for certain businesses.
Introduced by: J. Chapman Petersen | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Federal government contractor grant program. Establishes a federal government contractor grant fund and program beginning January 1, 2013, for federal contractors with at least 250 full-time employees that subcontract with small or minority-owned, veteran-owned, or women-owned businesses to perform federal government contract work. The grant would equal five percent of the amount paid by the federal contractor under the subcontract to the small or minority-owned, veteran-owned, or women-owned business. The small or minority-owned, veteran-owned, or women-owned business would be required to perform all subcontract work in a Historically Underutilized Business Zone or a state enterprise zone. The federal government contractor grant program is contingent upon an appropriation of general funds effectuating the provisions of the bill.
The aggregate amount of grants would be capped at $10 million each fiscal year.
FULL TEXT
- 01/20/12 Senate: Presented and ordered printed 12104119D pdf | impact statement
- 02/08/12 Senate: Committee substitute printed 12105249D-S1 pdf | impact statement
HISTORY
- 01/20/12 Senate: Presented and ordered printed 12104119D
- 01/20/12 Senate: Referred to Committee on Finance
- 02/08/12 Senate: Reported from Finance with substitute (14-Y 0-N 1-A)
- 02/08/12 Senate: Committee substitute printed 12105249D-S1
- 02/09/12 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/10/12 Senate: Read second time
- 02/10/12 Senate: Reading of substitute waived
- 02/10/12 Senate: Committee substitute agreed to 12105249D-S1
- 02/10/12 Senate: Engrossed by Senate - committee substitute SB620S1
- 02/13/12 Senate: Read third time and passed Senate (38-Y 1-N 1-A)
- 02/17/12 House: Placed on Calendar
- 02/17/12 House: Read first time
- 02/17/12 House: Referred to Committee on General Laws
- 02/20/12 House: Assigned GL sub: #2 FOIA/Procurement
- 02/28/12 House: Subcommittee recommends laying on the table by voice vote
- 03/10/12 House: Left in General Laws