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ECONOMIC GROWTH – Week of Feb. 11, 2013

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SF 15 – Iowa First Bill

 

COMMITTEE ACTION: 

SF 15 levels the playing field for Iowa business in a competitive bidding process for state projects. The bill strengthens existing law that says preference shall be given to purchasing Iowa products and from Iowa-based businesses. Under SF 15, if an out-of-state business makes the low bid and an Iowa-based business is within 5 percent or $10,000 of that bid, the Iowa-based business will be allowed to match the lower bid. The bill only pertains to purchases under $500,000. The bill also refines what is an Iowa business. Infrastructure and major construction projects are excluded. The bill only applies to state RFPs. [2/7: 9-3 (party-line; Chelgren, Chapman, Houser absent)]


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