Employee stock ownership plans: contractors: certification: bid preferences.

Summary

The bill would have the Director of General Services issue a certificate to contractors that run qualified employee‑stock ownership plans (ESOPs). Certified contractors would be listed by a new Employee Ownership Hub and would receive preferential treatment in state construction bids, with the goal of expanding employee‑owned businesses. The measure failed and was returned to the Secretary of the Senate.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

From committee: Do pass and re-refer to Com. on APPR. (Ayes 15. Noes 0. Page 920.) (April 28). Re-referred to Com. on APPR. · Apr 29, 2025

Hearings

• Appropriations Committee Hearing
  Appropriations · May 23, 2025
• Appropriations Committee Hearing
  Appropriations · May 12, 2025
• Transportation Committee Hearing
  Transportation · Apr 28, 2025
• Business, Professions and Economic Development Committee Hearing
  Business, Professions and Economic Development · Apr 21, 2025

History

1. Feb 2, 2026Returned to Secretary of Senate pursuant to Joint Rule 56.
2. May 23, 2025May 23 hearing: Held in committee and under submission.
3. May 16, 2025Set for hearing May 23.
4. May 12, 2025May 12 hearing: Placed on APPR. suspense file.
5. May 2, 2025Set for hearing May 12.
6. Apr 29, 2025From committee: Do pass and re-refer to Com. on APPR. (Ayes 15. Noes 0. Page 920.) (April 28). Re-referred to Com. on APPR.
7. Apr 23, 2025Re-referred to Com. on TRANS.
8. Apr 23, 2025From committee with author's amendments. Read second time and amended. Re-referred to Com. on TRANS.
9. Apr 21, 2025From committee: Do pass and re-refer to Com. on RLS. (Ayes 11. Noes 0. Page 809.) (April 21). Re-referred to Com. on RLS.
10. Apr 10, 2025Set for hearing April 28 in TRANS. pending receipt.
11. Mar 18, 2025Set for hearing April 21.
12. Mar 12, 2025Referred to Coms. on B. P. & E.D. and G.O.

The 12 most recent of 15 recorded actions.

Sponsors

• Valladares · sponsor

Bill text

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