· OR legislature · 2025R1

Relating to contract preferences in public procurement for employee-owned businesses; and prescribing an effective date.

Adds entities in which employees of the entity own at least 50 percent of the ownership interest in the entity directly or through an employee stock ownership plan to the list of sources to which a contracting agency may give preference in procuring goods or services for public contracts. Takes effect on the 91st da…

Sponsor

Thuy Tran (D-OR)

Introduced

2025-02-20

Policy area

Government Operations and Politics

Latest action

Chapter 304, (2025 Laws): effective on the 91st day following adjournment sine die.