(at the request of House Interim Committee on General Government and Consumer Protection)
Chief Sponsors:
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Regular Sponsors:
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Bill Title:
Relating to public contracts for construction; appropriating money; declaring an emergency.
Catchline/Summary:
Requires contracting agency to pay fee to Secretary of State in amount of one-tenth of one percent of contract price for public contract. Requires contracting agency to pay fee to Secretary of State in amount of one-tenth of one percent of contract price for public contract. Requires secretary to use fee proceeds to conduct or enter into contract with person to conduct, without notice, financial, performance and compliance audits of public contracts.
Establishes Public Contracting Audit Account in State Treasury. Continuously appropriates moneys in account to Secretary of State for purpose of conducting audits of public contracts.
Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 4115 House Committee On General Government and Consumer Protection
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