Bill Tracker

SB 594 (Beall) Highway Users Tax Account

Position:Watch
Status:Policy Committees
Summary:
Existing federal law implements the Disadvantaged Business Enterprise Program to foster equal opportunity to firms owned by disadvantaged individuals on United States Department of Transportation-assisted contracts.  This bill would require the Department of Transportation, to the extent permitted under state and federal law, to establish and meet specified goals relating to the participation rates by small businesses and disadvantaged business enterprises in both federally funded projects and state-funded projects, and to the participation rate by disabled veteran business enterprises in state-funded projects.
 
The department shall, to the extent permitted under state and federal law, establish and meet all of the following goals:
  • to achieve at least an aggregate 25% participation rate by small business and disadvantaged business enterprises in federally funded projects
  • to achieve at least an aggregate 30% participation rate by small business and disadvantaged business enterprises in state-funded projects
  • to achieve at least a 15% participation rate by disabled veteran business enterprises in state-funded projects
  • these goals shall apply to the overall dollar amount of the applicable contracts
More Info:Legislative Website Info
Last Updated:April 12, 2017