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A BILL TO BE ENTITLED
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AN ACT
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relating to the awarding of state agency contracts to new |
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businesses. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 2155, Government Code, is |
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amended by adding Section 2155.0735 to read as follows: |
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Sec. 2155.0735. PARTICIPATION BY NEW BUSINESSES IN STATE |
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PURCHASING. (a) In this section, "new business" means a business |
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in operation for less than five years with its principal place of |
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business in this state. |
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(b) The comptroller shall make reasonable efforts to |
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increase the number of contracts for the purchase of goods or |
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services awarded by state agencies to new businesses to at least |
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five percent of awarded contracts in a state fiscal year. |
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SECTION 2. This Act takes effect September 1, 2023. |