Tennessee 2023-2024 Regular Session

Tennessee Senate Bill SB2859

Caption

AN ACT to amend Tennessee Code Annotated, Title 4; Title 9 and Title 12, relative to procurement.

Impact

The legislation aims to enhance state procurement processes by mandating disclosures regarding past business operations with foreign adversaries. It introduces severe penalties for companies that provide false certifications, including civil penalties of at least $250,000, contract termination, and a five-year ban from state contracting. This is intended to protect national interests and ensure that state-funded projects do not inadvertently support entities detrimental to state security.

Summary

Senate Bill 2859, also known as the 'Procurement Protection Act', amends the Tennessee Code to impose stricter regulations on companies bidding for state contracts. The bill establishes criteria to determine which companies are deemed eligible to participate in bidding, particularly concerning their business relationships with foreign adversaries. A key component of the legislation is the requirement for bidders to certify that they have had no dealings with entities classified as foreign adversaries or federally banned corporations in the past five years.

Contention

The bill has sparked debates regarding its potential implications for local businesses. Proponents argue that it is a crucial measure to secure state contracts from foreign influence, thus safeguarding public funds. Critics, however, contend that the stringent requirements may inadvertently disqualify or alienate businesses that have legitimate ties to foreign partners but are not involved in any harmful activities. This raises concerns about the potential stifling of competition and innovation within the Tennessee market, impacting local economic development.

Companion Bills

TN HB1841

Crossfiled AN ACT to amend Tennessee Code Annotated, Title 4; Title 9 and Title 12, relative to procurement.

Previously Filed As

TN HB2010

AN ACT to amend Tennessee Code Annotated, Title 4; Title 9 and Title 12, relative to procurement of tires.

TN SB2196

AN ACT to amend Tennessee Code Annotated, Title 4; Title 9 and Title 12, relative to procurement of tires.

TN SB0377

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 56, relative to the "Tennessee Procurement Protection Act."

TN HB0548

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 56, relative to the "Tennessee Procurement Protection Act."

TN SB0809

AN ACT to amend Tennessee Code Annotated, Title 4; Title 29; Title 33; Title 38; Title 39; Title 40; Title 41; Title 43; Title 45; Title 50; Title 53; Title 63; Title 67; Title 68 and Title 71, relative to cannabis.

TN HB0836

AN ACT to amend Tennessee Code Annotated, Title 4; Title 29; Title 33; Title 38; Title 39; Title 40; Title 41; Title 43; Title 45; Title 50; Title 53; Title 63; Title 67; Title 68 and Title 71, relative to cannabis.

TN SB1849

AN ACT to amend Tennessee Code Annotated, Title 5; Title 6; Title 7; Title 8; Title 9; Title 12 and Title 67, relative to local government.

TN HB1796

AN ACT to amend Tennessee Code Annotated, Title 5; Title 6; Title 7; Title 8; Title 9; Title 12 and Title 67, relative to local government.

TN HB1447

AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9 and Title 50, relative to retirement.

TN SB2397

AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9 and Title 50, relative to retirement.

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