Governor Signs Chamber’s Procurement Initiative into Law

Last week the Governor quietly signed our Procurement clean-up bill into law. SB2958 became effective on August 3. The changes in our initiative addressed problems in the Procurement reform measure passed in SB51 from the previous General Assembly. Chamber staff worked for two years to get these changes made and pulled together several working groups to negotiate these changes. You can view our summary of the changes here.

Also being signed into law is the extension of enterprise zones in SB3616. As existing enterprise zones expire their zone designation becomes available to all local labor markets that want to apply for the enterprise zone designation. The Department of Commerce and Economic Opportunity will establish, by rule, a process for applying for open enterprise zone designations. New zones will have a possible 25 year life—with initial designation for no more than 15 years, with a possible 10 year renewal.