Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 2155.505 - Historically Underutilized and Small Businesses(a) In this section: (1) "Historically underutilized business" has the meaning assigned by Section 2161.001.(2) "Small business" means a small business concern as defined by regulations of the United States Small Business Administration in 13 C.F.R. Section 121.201 or a veterans service agency.(3) "Veterans service agency" means a community-based organization that: (A) is exempt from taxation under Section 501(a), Internal Revenue Code of 1986, as an organization described in Section 501(c)(3) of that code;(B) has as its principal purpose to provide housing, substance abuse treatment, case management services, and employment training to low-income veterans, disabled veterans, and homeless veterans and their families; and(C) employs veterans to provide at least 75 percent of the hours of direct labor by individuals required to produce goods or provide services required under a contract entered into under this section.(b) The comptroller shall strongly encourage each vendor with a contract listed on a schedule developed under this subchapter and who is not a historically underutilized business or small business to use historically underutilized or small businesses to sell or provide a service under the contract. If a vendor does not make a good faith effort to use historically underutilized and small businesses under the contract, the comptroller may exclude the vendor from being listed on a schedule developed under this subchapter.(c) A historically underutilized business or small business may sell or provide a service under another vendor's contract listed on a schedule developed under this subchapter if: (1) the contract is on a schedule developed under Section 2155.502;(2) the vendor for the contract authorizes in writing the historically underutilized business or small business to sell or provide a service under that contract; and(3) the historically underutilized business or small business provides that written authorization to the comptroller.Tex. Gov't. Code § 2155.505
Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 1071,Sec. 58, eff. 9/1/2019.Amended By Acts 2011, 82nd Leg., R.S., Ch. 604, Sec. 1, eff. 6/17/2011.Added by Acts 2001, 77th Leg., ch. 1422, Sec. 2.01, eff. 9/1/2001.