Raised Bill No. 1097 Summary

• Requires the State Bond Commission to hold at least one meeting each calendar quarter beginning January 1, 2022, to authorize bonds.

• Mandates that the Governor, president pro tempore of the Senate, and speaker of the House of Representatives jointly agree on grants and projects for each meeting agenda, in consultation with minority leaders.

• Requires meeting agendas be distributed to commission members at least five business days before the meeting, with the meeting day counting as one of the five business days.

• Requires agendas and supporting documents to reference the statutory source of funds for each project, including any contingency funds or reallocation of previously approved funds, and identify any outside funding sources.

• Allows meetings to be open to the public and maintains existing requirements for the Secretary of the Office of Policy and Management to keep complete records open for public inspection.