Substitute Bill No. 1223 Summary

• Protects State Contracting Standards Board appropriations by requiring budget estimates come from the board's executive director and preventing the Governor from reducing allotments related to the board.

• Expands the board's jurisdiction to include quasi-public agencies effective July 1, 2023, requiring them to comply with state procurement statutes and regulations.

• Requires the Chief Procurement Officer to oversee state agency compliance with procurement laws and maintain at least five full-time employees, with authority to hire additional staff as needed.

• Mandates that all state contracts take effect on or after July 1, 2023 include provisions ensuring accountability, transparency, and results-based outcomes, extending requirements to quasi-public agency contracts.

• Establishes requirements for privatization contract cost-benefit analyses, business case development, and impact assessments including analysis of effects on workers of color and women, with board approval required for major contracts.