Legislation
- Title
- State Procurement - Payment Practices
- Sponsored by
- Senator Hayes
- Status
- Approved by the Governor - Chapter 157
- 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 and the Department of Information Technology to submit certain reports to the General Assembly; stating that it is the intent of the General Assembly that any plans for the upgrade of the State's Financial Management Information System include goals to significantly reduce the amount of time in which payments are processed; etc.
Committees
Committee Testimony
Details
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(
15-104 )
Last Updated: 7/8/2022 2:51 PM