Bill Text: CT HB05246 | 2016 | General Assembly | Introduced
Bill Title: An Act Redefining "small Contractor" For Purposes Of The Set-aside Program For Small Contractors.
Spectrum: Committee Bill
Status: (Introduced - Dead) 2016-02-18 - Public Hearing 02/22 [HB05246 Detail]
Download: Connecticut-2016-HB05246-Introduced.html
General Assembly |
Raised Bill No. 5246 | ||
February Session, 2016 |
LCO No. 1363 | ||
*01363_______GAE* | |||
Referred to Committee on GOVERNMENT ADMINISTRATION AND ELECTIONS |
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Introduced by: |
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(GAE) |
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AN ACT REDEFINING "SMALL CONTRACTOR" FOR PURPOSES OF THE SET-ASIDE PROGRAM FOR SMALL CONTRACTORS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Subdivision (1) of section 4a-60g of the 2016 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2016):
(1) "Small contractor" means any contractor, subcontractor, manufacturer, service company or nonprofit corporation that (A) [that] maintains its principal place of business in the state, (B) [that had gross revenues not exceeding fifteen million dollars] satisfies the small business size eligibility standards identified by North American Industry Classification System codes and contained in 13 CFR 121.101, as amended from time to time, in the most recently completed fiscal year prior to such application, and (C) [that] is independent. "Small contractor" does not include any person who is affiliated with another person if both persons considered together [have a gross revenue exceeding fifteen million dollars] exceed the small business size eligibility standards referenced in subparagraph (B) of this subdivision.
This act shall take effect as follows and shall amend the following sections: | ||
Section 1 |
October 1, 2016 |
4a-60g(1) |
Statement of Purpose:
To redefine "small contractor" from a definition based on gross revenue to one using the federal standards adopted pursuant to the federal Small Business Act.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]