❌ HB284
Require US-produced iron, steel be used on state-funded projects
Current Status: In House Committee (Development)
Summary
This bill requires that only iron or steel products produced in the United States be used in construction projects that receive state funding. It establishes penalties for violations and outlines conditions under which exceptions may be granted for foreign products. The bill also mandates that notifications regarding these requirements be included in bid specifications.
Rationale
The bill imposes restrictions on the sourcing of materials for state-funded projects, which conflicts with the Libertarian principles of free markets and minimal government intervention in economic activities. Both the LP and LPO platforms advocate against government mandates that interfere with voluntary trade and property rights.
Risks and Concerns
- Increases government control over market choices
- Potential for cronyism in state contracts
- Limits competition and may raise project costs