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FL S1706

Bill

Status

Failed

4/30/2010

Primary Sponsor

JD Alexander

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Defines "lease or lease-purchase of equipment" as an appropriations category and requires state agencies to include detailed information about vendor concession contracts in their legislative budget requests

  • Prohibits state agencies from entering into contracts that pay liquidated damages, early termination fees, interest payments, or future-year offset payments without legislative authorization, with exemptions for the Department of Transportation, Department of Management Services, Agency for Health Care Administration, and Department of Environmental Protection under specified conditions

  • Requires state agencies to notify the Governor and Legislature at least 30 days before executing contracts exceeding $10 million annually, requiring minimal state payments, authorizing third-party revenue collection, or requiring initial vendor expenditures without payment within 180 days

  • Transfers section 287.0582 to 216.313 and requires all state contracts to identify their funding appropriation, include contingency statements about annual appropriations and deficit-based termination rights, be signed by agency heads for contracts exceeding threshold amounts, and require written acceptance of deliverables for contracts exceeding the Category Five threshold

  • Prohibits state agencies from entering into equipment leases or deferred-payment purchases exceeding $500,000 without express legislative authorization in the General Appropriations Act or Legislative Budget Commission approval, effective July 1, 2010

Legislative Description

State Financial Matters [WPSC]

Last Action

Died in Messages

4/30/2010

Committee Referrals

Policy & Steering Committee on Ways and Means3/24/2010
Governmental Oversight and Accountability2/10/2010

Full Bill Text

No bill text available