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A BILL TO BE ENTITLED
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AN ACT
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relating to reporting on state contracts awarded to new 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 2155.092 to read as follows: |
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Sec. 2155.092. REPORTING CONTRACTS WITH NEW BUSINESS. (a) |
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In this section, "new business" means a business that has been in |
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operation for less than five years and has its principal place of |
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business in this state. |
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(b) Not later than September 1 of each year, the comptroller |
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shall file a report with the legislature that identifies: |
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(1) the number of state contracts awarded to new |
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businesses during the previous year; |
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(2) the dollar value of all state contracts awarded to |
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new businesses during the previous year; |
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(3) the number of state contracts awarded to new |
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businesses that qualify as a historically underutilized business, |
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as defined by Section 2161.001, during the previous year; |
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(4) the geographic area of the state, including the |
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city and county, where each new business awarded a state contract in |
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the previous year is located; |
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(5) the percentage of all state contracts awarded to |
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new businesses during the previous year; and |
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(6) the percentage of the total dollar value of all |
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state contracts awarded to new businesses during the previous year. |
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(c) As part of the report required by Subsection (b) that |
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must be filed before September 1, 2024, the comptroller, in |
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conjunction with the Texas Economic Development and Tourism Office |
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within the office of the governor, shall make recommendations to |
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improve access by new businesses to state contracting, including |
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new businesses owned by statistically underrepresented demographic |
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groups and in statistically underrepresented geographic areas of |
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the state. This subsection expires January 1, 2025. |
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SECTION 2. This Act takes effect September 1, 2023. |