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.

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.