Rep. Johnson Files Bills Supporting Women Minority-Owned Businesses

Texas Insider Report: AUSTIN Texas   Representative Johnson recently filed House Bill 1489 to freeze the pay of any state agency heads who miss their Historically Underutilized Business (HUB) contracting goals.  By law a certain percentage of all state agency contracts are required to be awarded to women and minority-owned businesses and this bill serves as a necessary accountability measure. Representative Eric Johnson (D-Dallas) also filed House Bill 671 a bill that would direct ten percent of the funds from the Texas Enterprise Fund to the Capital Access Fund which was founded to help banks provide much-needed financial assistance to women and minority-owned businesses.

The State of Texas fails to support HUBs  year after year.  While I applaud the Governors efforts to highlight Texas successful women entrepreneurs in his State of the State address there is significant room for improvement with respect to the states support for minority-owned businesses.  These pieces of legislation will provide crucial mechanisms to incentivize the government to invest in these valuable pillars of our communities" said Representative Johnson.

For more information or to schedule an interview with Representative Eric Johnson please contact Troy Williams at (281) 726-5271.