Indiana HB1226 provides price preferences for state agencies purchasing from Indiana businesses or those offering Indiana-made supplies.
Indiana HB1226 amends public purchasing laws to offer price preferences for state agencies. It provides a 5% preference for purchases under $500,000 and a 3% preference for purchases between $500,000 and $1 million from Indiana businesses or those offering Indiana-made supplies. An additional 3% preference is available if two bids are equal. The bill defines an Indiana business by criteria such as location, payroll, employment, and capital investments. Effective July 1, 2026.
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- Impact
- Legal Framework
- Critical Issues
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