Relating to contracting agency policies for preferences in public contracting; prescribing an effective date.

Requires contracting agency to develop and implement policy for granting preference to bidder, proposer or offeror that is headquartered or does majority of business transactions within this state or within United States, that agrees to supply goods or services from sources located within this state or within United States or that agrees to perform substantially all work required in procurement with personnel or resources obtained within this state or within United States. Becomes operative January 1, 2018. Takes effect 91 days after adjournment sine die.