Hawaii Senate Bill SCR40

Hawaii 2024 Regular Session

• Introduced: 3/7/24
• Refer: 3/14/24

Caption

Requesting The Department Of Business, Economic Development, And Tourism To Commission A Statewide Disparity Study Regarding The Participation Of Woman- And Minority-owned Businesses In State Contracting Derived From Federal Sources Of Funding.

Impact

The resolution outlines that the study will examine several critical aspects, including the total funds allocated to the state for energy-related projects and the levels of engagement of woman-owned and minority-owned businesses in these contracting opportunities. Furthermore, the study will require the DBEDT to analyze current bidding and procurement methods to identify any existing disparities between qualified business entities and those receiving contracts. The ultimate goal is to enhance participation for these underrepresented businesses in state contract opportunities sourced from federal funding.

Summary

SCR40 is a Senate Concurrent Resolution requesting the Department of Business, Economic Development, and Tourism (DBEDT) of Hawaii to commission a statewide disparity study. This study aims to assess the involvement of woman-owned and minority-owned businesses in state contracting that is funded through various federal sources, including the Inflation Reduction Act and the CHIPS Act of 2022. The resolution emphasizes the necessity for equitable participation of all businesses in state contracts funded by federal dollars, reflecting a commitment to economic equity and diversity within state contracting practices.

Contention

A significant aspect of SCR40 is its identification and analysis of barriers faced by woman-owned and minority-owned businesses in engaging with state contracts. By relying on a third-party independent entity to prepare the study, the intent is to ensure objectivity in the findings and recommendations. It will also consider potential amendments to state policies that affect the ability of these businesses to compete fairly for contracts. Notable contention points may arise regarding how well the study identifies barriers and the effectiveness of its proposals in driving future legislative changes to support these businesses.