Legislation
- Title
- State Procurement - Payment Practices
- Sponsored by
- Delegates D. Barnes, Attar, Charles, Feldmark, Fennell, Guyton, J. Lewis, Luedtke, Palakovich Carr, Patterson, Rose, Washington, Bhandari, Chisholm, Hill, Johnson, Kerr, Kipke, Landis, R. Lewis, Pena-Melnyk, Pendergrass, Saab, K. Young
- Status
- Approved by the Governor - Chapter 158
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Reducing the number of days from 45 to 37 following receipt of an invoice after which interest begins to accrue on certain unpaid procurement contract amounts; requiring the Department of Legislative Services to submit a certain report to the General Assembly by December 1, 2022; stating that it is the intent of the General Assembly that plans to upgrade the State's Management Information System include goals to significantly reduce the amount of time in which payments are processed: etc.
Committees
Committee Testimony
Details
Cross-filed with: SB0250
Introduced in a prior session as: HB0454 Session: 2021 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2022, June 1, 2023
Bill imposes a local government mandate, which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
History
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Statutes
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15-104 )
Last Updated: 7/8/2022 2:14 PM