O.C.G.A. § 50-5-130 (2019)
[Effective January 1, 2024. See note.] Purpose
The General Assembly recognizes that the preservation and expansion of the American economic system of private enterprise is through free competition, but it also recognizes that the security and well-being brought about by such competition cannot be realized unless the actual and potential capacity of minority business enterprises, women owned businesses, and veteran owned businesses is encouraged and developed. Therefore, it is the intent of the General Assembly that the state define a “minority business enterprise,” “women owned business,” and “veteran owned business” for purposes of representation in the area of procurement of state contracts for construction, services, equipment, and goods.
History
Code 1981, § 50-5-130, enacted by Ga.
L. 1991, p. 1380, § 3; Ga. L. 2023, p. 43, § 4/HB 128, effective January 1, 2024.
Delayed effective date. Code Section 50-5-130 is set out twice in this Code. This version is effective January 1, 2024. For version effective until January 1, 2024, see the preceding version. The 2023 amendment, effective January 1, 2024, inserted “, women owned
businesses, and veteran owned businesses” in the first sentence and substituted “‘minority business enterprise,’ ‘women owned business,’ and ‘veteran owned business’ for purposes” for “‘minority business enterprise’ for purposes” in the second sentence.