Bill Aims To Give Veteran- Owned Businesses A Boost

Apr 24, 2017

The Rhode Island Senate is considering a bill that would give Veteran owned companies a small boost when seeking state contracts.

In a similar way women and minority-owned companies get a slight preference for these contracts, the bill sets a 3 percent target for bids awarded to Veteran-owned businesses.

The bill’s sponsor, Woonsocket Senator Marc Cote, has introduced similar bills before with a version of this bill making it through the Senate last year, but not the House.

The bill is set for a vote in the Senate Tuesday.