Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Fiscal Oversight topic
No spam. Unsubscribe anytime.
Subcommittee adopts overhaul to fiscal-review contract oversight, citing a $27 million example
Summary
A sponsor said amendments to expand the committee's review of contracts (including those valued at $250,000 or more) and eliminate commerce-impact statements will close a loophole that allowed a $27 million agency spending to avoid review. The subcommittee adopted the amendment and advanced the bill.
Get email alerts on the Fiscal Oversight topic
No spam. Unsubscribe anytime.
The sponsor, who co-chairs the Fiscal Review Staffing Committee, explained amendments to House Bill 2216 that would eliminate the requirement for commerce impact statements, remove a one-year threshold for contracts subject to committee review, and ensure contracts valued at $250,000 or more are subject to committee oversight.
The sponsor said the changes were intended to close a loophole that permitted an agency to tag on to an out-of-state contract and thereby avoid fiscal review, citing an example of an agency that spent $27,000,000 without fiscal review. Committee members adopted the amendment and voted to send the measure to full committee (5 ayes, 1 present not voting).
