Illinois 2023-2024 Regular Session

Illinois Senate Bill SB3992

Introduced
11/19/24  

Caption

BEST CONSUMER PRICE ACT

Impact

The bill has the potential to significantly alter the landscape of state procurement by promoting a level playing field for smaller businesses, which historically have been at a disadvantage in securing competitive state contracts. By enforcing that state purchases must be based on best customer pricing, the legislation seeks to increase the participation of small and mid-sized businesses in state contracts, particularly benefiting minority-owned and veteran-owned businesses. This aligns with long-standing public policy goals aimed at inclusivity in government contracting.

Summary

SB3992, known as the Best Customer Price Act, was introduced to enhance the procurement policies of Illinois state agencies and public institutions. The bill aims to formalize requirements for securing the best customer pricing when procuring goods by mandating that suppliers or resellers attest to providing the best prices possible. Additionally, suppliers must prove that they can secure an adequate supply of goods from manufacturers, ensuring that fair pricing is extended not only to larger corporations but also to small and mid-sized suppliers, including those owned by minorities and women.

Contention

While the bill is largely seen as beneficial for smaller entities, there may be points of contention surrounding its implementation. Critics could argue that the enforcement of this policy might complicate the procurement process or create barriers for larger suppliers who traditionally have provided lower bids. Furthermore, concerns over how 'best customer pricing' is defined and regulated could lead to debates regarding fairness and flexibility in the bidding process, particularly if smaller suppliers struggle to meet the stringent requirements set forth by the act.

Companion Bills

No companion bills found.

Previously Filed As

IL HB1225

BEST CONSUMER PRICE ACT

IL SB0254

BEST CONSUMER PRICE ACT

IL SB1439

BEST CONSUMER PRICE ACT

IL HB1627

Consumer pricing information.

IL HB1324

Consumer pricing information.

IL SF2556

Consumer Grocery Pricing Fairness Act

IL HF2149

Consumer Grocery Pricing Fairness Act established, and civil penalties provided.

IL SB0293

Consumer Pricing Data Amendments

IL LD1894

Resolve, to Establish the Commission to Study Consumer Grocery Pricing Fairness

IL S08563

Enacts the "consumer grocery pricing fairness act" in relation to ensuring price fairness for covered goods in the state of New York.

Similar Bills

MI HB4403

Liquor: other; leasing, selling, and transferring portions of certain alternating proprietors under approval of commission; allow. Amends secs. 105 & 603 of 1998 PA 58 (MCL 436.1105 & 436.1603).

IL SB0254

BEST CONSUMER PRICE ACT

IL HB1225

BEST CONSUMER PRICE ACT

IL SB1439

BEST CONSUMER PRICE ACT

IN HB1060

Right to repair.

MI HB4824

Liquor: other; definition of brand; modify. Amends sec. 105 of 1998 PA 58 (MCL 436.1105) & adds sec. 604. TIE BAR WITH: HB 4823'25

MI SB0513

Liquor: other; definition of brand; modify. Amends sec. 105 of 1998 PA 58 (MCL 436.1105) & adds sec. 604. TIE BAR WITH: SB 0512'25