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GA HB989

Bill

Official Source

Status

Introduced

2/16/2012

Primary Sponsor

Craig Gordon

Click for details

Origin

House of Representatives

2011-2012 Regular Session

AI Summary

  • Requires the state accounting officer to pay undisputed electronic invoices within 15 working days and undisputed printed invoices within 30 calendar days.
  • Imposes interest of 12 percent per annum on any undisputed invoice not paid within the specified time period.
  • When an invoice is disputed, the state must send written or electronic notice detailing the reasons and itemizing documents needed; any undisputed portion must still be paid on time.
  • Directs all state government organizations, officers, agents, and employees to provide the state accounting officer with information necessary to carry out the payment requirements.
  • Effective date of July 1, 2012, applying to all undisputed invoices due on or after that date; authorizes the state accounting officer to adopt rules and modify accounting systems for implementation.

Legislative Description

State accounting office; accounting officer to pay state obligations to vendors within certain time period; direct

Last Action

House Second Readers

2/17/2012

Committee Referrals

Governmental Affairs2/16/2012

Full Bill Text

No bill text available