Bill Summary: An Act Concerning Quasi-Public Agency Transparency

• Quasi-public agencies must submit separation agreements (under $50,000) and contracts exceeding $1 million annually or lasting 5+ years to the Attorney General for review before execution, effective October 1, 2020.

• Quasi-public agencies must provide public notice and opportunity for comment on contracts exceeding $1 million at least two weeks before execution, excluding employment contracts.

• The Commissioner of Administrative Services must develop model governance and procurement rules by January 1, 2021, based on best practices and available for adoption by quasi-public agencies.

• New quasi-public agencies established after July 1, 2020, must adopt rules of procedure, create organizational charts, establish budgets, and submit status reports within six months of establishment.

• Quasi-public agencies must notify relevant legislative committees within 15 days of receiving notice of state or federal regulatory/criminal investigations or criminal subpoenas.

• Existing reporting requirements are enhanced to include annual salary reports, 30-day notice of salary increases exceeding $200,000 or 5%, and biennial reports with public hearings.

• Board members who fail to attend three consecutive meetings or 50% of annual meetings are automatically deemed resigned, applicable to multiple quasi-public agency boards.