2018 -- S 2070 | |
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LC003371 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2018 | |
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A N A C T | |
RELATING TO PUBLIC PROPERTY AND WORKS - STATE PURCHASES | |
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Introduced By: Senators Calkin, Quezada, Satchell, Euer, and Goldin | |
Date Introduced: January 18, 2018 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Chapter 37-2 of the General Laws entitled "State Purchases" is hereby |
2 | amended by adding thereto the following section: |
3 | 37-2-81. Selection of vendors and services based on economic security and pay |
4 | equality. |
5 | The director of the department of administration is authorized and directed to promulgate |
6 | rules and regulations giving preference in contract and/or subcontract awards to business |
7 | enterprises whose highest paid executive receives compensation and/or salary equal to twenty- |
8 | five (25) times or less than the median compensation and/or salary paid to its nonexecutive |
9 | employees. To the extent that any of the provisions contained in this section conflict with the |
10 | requirements for federal contracts, federal law and/or regulations shall control. |
11 | SECTION 2. This act shall take effect upon passage. |
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LC003371 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO PUBLIC PROPERTY AND WORKS - STATE PURCHASES | |
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1 | This act would direct the department of administration to promulgate regulations giving |
2 | preference in the awarding of state contracts to business enterprises whose highest paid executive |
3 | receives compensation equal to or less than twenty-five (25) times the median pay of its |
4 | nonexecutive employees. |
5 | This act would take effect upon passage. |
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