HB406 Summary

• Exempts county and city school boards from state reporting requirements on public works contracts under $50,000, provided the contract meets specific conditions.

• Requires contracts under $50,000 to be completed within 24 months from the letting date and mandates the winning bidder employ local county residents for actual construction work where possible.

• School boards still must provide verification to the state that contracts are under $50,000 but are otherwise relieved of standard reporting obligations to state agencies.

• Becomes effective on the first day of the third month following passage and approval by the Governor.