FISCAL
NOTE
WEST virginia Legislature
2017 regular session
By
[
to the Committee on Veterans’ Affairs and Homeland Security then Finance.
A BILL to amend the Code
of West Virginia, 1931, as amended, by adding thereto a new section, designated
§5A-3-37a, relating to a five percent bid preference on certain state contracts
for businesses owned fifty-one percent by honorably discharged resident veterans.
Be it enacted by the
Legislature of West Virginia:
That the Code of West
Virginia, 1931, as amended, be amended by adding thereto a new section,
designated §5A-3-37a, to read as follows:
ARTICLE
3. PURCHASING DIVISION.
§5A-3-37a.
Preference for business owned fifty-one percent by honorably discharged resident
veteran.
Notwithstanding provisions in section thirty-six of
this article, effective July 1, 2017, in any instance that a purchase of
commodities or printing by the director or by a state department is required
under the provisions of this article to be made upon competitive bids, if the bid
of a vendor which is owned at least fifty-one percent by a resident, honorably
discharged veteran of the United States Armed Forces, the Reserves or the
National Guard, and that vendor’s bid does not exceed the lowest qualified bid
from a business not owned at least fifty-one percent by a resident, honorably
discharged veteran of the United States Armed Forces, the Reserves or the
National Guard, by more than five percent of the latter bid, and if the
veteran-owned vendor has made written claim for the preference at the time the
bid was submitted, the veteran vendor shall be the successful bid.
NOTE: The purpose of this bill is
to give a five percent bid preference on certain state contracts to businesses
owned at least 51% by honorably discharged resident veterans.
Strike-throughs indicate language
that would be stricken from a heading or the present law and underscoring
indicates new language that would be added.