Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 2161.001 - Definitions In this chapter:
(1) "Goods" means supplies, materials, or equipment.(2) "Historically underutilized business" means an entity with its principal place of business in this state that is:(A) a corporation formed for the purpose of making a profit in which 51 percent or more of all classes of the shares of stock or other equitable securities are owned by one or more economically disadvantaged persons who have a proportionate interest and actively participate in the corporation's control, operation, and management;(B) a sole proprietorship created for the purpose of making a profit that is completely owned, operated, and controlled by an economically disadvantaged person;(C) a partnership formed for the purpose of making a profit in which 51 percent or more of the assets and interest in the partnership are owned by one or more economically disadvantaged persons who have a proportionate interest and actively participate in the partnership's control, operation, and management;(D) a joint venture in which each entity in the venture is a historically underutilized business, as determined under another paragraph of this subdivision; or(E) a supplier contract between a historically underutilized business as determined under another paragraph of this subdivision and a prime contractor under which the historically underutilized business is directly involved in the manufacture or distribution of the goods or otherwise warehouses and ships the goods.(3) "Economically disadvantaged person" means a person who:(A) is economically disadvantaged because of the person's identification as a member of a certain group, including:(iv) Asian Pacific Americans;(v) Native Americans; and(vi) veterans as defined by 38 U.S.C. Section 101(2) who have suffered at least a 20 percent service-connected disability as defined by 38 U.S.C. Section 101(16); and(B) has suffered the effects of discriminatory practices or other similar insidious circumstances over which the person has no control.(4) "Contract" includes an arrangement under which a state agency receives professional or investment brokerage services.Tex. Gov't. Code § 2161.001
Amended by Acts 2013, Texas Acts of the 83rd Leg. - Regular Session, ch. 1255,Sec. 1, eff. 9/1/2013.Amended By Acts 2003, 78th Leg., ch. 1261, Sec. 1, eff. 9/1/2003. For expiration of this section, see Section 2151.0041.Amended by Acts 1999, 76th Leg., ch. 1499, Sec. 1.21, eff. 9/1/1999Added by Acts 1995, 74th Leg., ch. 41, Sec. 1, eff. 9/1/1995.