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Senate panel approves change to procurement‑card rebate fund language, allows higher accrual
Summary
The committee approved language to allow more of the state's procurement‑card (P‑card) rebate balance to be treated as an accrual and used for positions and program costs; senators discussed municipal participation and that municipalities retain their rebates.
The Senate Finance Committee approved language that would change how procurement‑card (P‑card) rebate balances are treated and allow a larger accrual to be used for state purposes.
The chair described the program: "There's a, the state receives, procurement cards or the state using a credit card. And, we receive rebates annually on that." He said the rebate fund has grown to about $1 million and the amendment would allow a $25,000 accrual threshold and permit the state to use rebate revenue without parsing distributions by user. Senators noted municipalities also participate in the program and "they get their rebates too," with one senator explaining that municipal participation helps the state achieve higher rebate tiers tied to total spend.
The committee voted to approve the language change by voice vote; the item passed without recorded opposition.
