Establishes "The Procurement Protection Act"

HB 1215, "The Procurement Protection Act," prohibits state agencies and political subdivisions from awarding contracts for goods or services to "foreign adversary companies" (those tied to countries like China, Russia, or Iran) or "federally banned corporations" (entities already barred by federal law). Companies must certify they are not on these restricted lists, and false certifications could trigger civil penalties of up to $250,000 or double the contract value, plus a five-year bidding ban. Exceptions are allowed only if no reasonable alternatives exist, the purchase is pre-approved by the Office of Administration, and not procuring the item poses a greater state risk. The bill directly affects state procurement decisions, contractors bidding on state contracts, and entities linked to designated foreign adversaries.