Title
AN ACT CONCERNING LOCALLY-OWNED AND OPERATED BUSINESS ASSISTANCE for the purpose of establishing a locally-owned and operated business preference, streamlining certifications for diverse local businesses, clarifying procurement bonus points and preferences, and generally relating to certification requirements and standards for diverse local businesses.
Background
This bill would allow certain federally certified businesses whose principal address, principal place of operation, or domicile is within Prince George's County to use that status to meet County-based business certification requirements of the County-based Small Business Assistance program, and extend the validity term of the certification from two (2) to three (3) years. It would also create less cumbersome requirements for certification as a Locally-owned and Operatated Business, and rename the County resident-owned business preference to be the Locally-owned and Operated Business preference.