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Committee advances bill raising capital-project threshold for public postsecondary institutions
Summary
The House State Government Committee voted to advance House Bill 491, which raises the dollar threshold that triggers capital-project review for public postsecondary institutions from $200,000 to $500,000 and makes several related changes affecting staffing and pension information.
The House State Government Committee advanced House Bill 491 on a unanimous 19-0 roll call, moving the measure to the full House.
The bill would raise the dollar threshold that classifies certain leases, equipment purchases and IT acquisitions as capital projects requiring capital-project or bond-oversight approval from $200,000 to $500,000. Representative Steve Riley, sponsor of the bill, told the committee the measure also would allow employees or individuals hired specifically for a capital construction project to perform that work up to $500,000, remove limits on the number…
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