Bill Text: TX SB220 | 2021-2022 | 87th Legislature | Comm Sub

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Relating to notice and reporting requirements for vendor rebates under a contract listed on a multiple award contract schedule.

Spectrum: Bipartisan Bill

Status: (Passed) 2021-06-07 - Effective on 9/1/21 [SB220 Detail]

Download: Texas-2021-SB220-Comm_Sub.html

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By: Zaffirini S.B. No. 220
(In the Senate - Filed November 30, 2020; March 3, 2021,
read first time and referred to Committee on Finance;
March 30, 2021, reported favorably by the following vote: Yeas 15,
Nays 0; March 30, 2021, sent to printer.)
Click here to see the committee vote

A BILL TO BE ENTITLED
AN ACT
relating to notice and reporting requirements for vendor rebates
under a contract listed on a multiple award contract schedule.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 2155.510, Government Code, is amended by
amending Subsection (b) and adding Subsection (c) to read as
follows:
(b) The comptroller shall notify a state agency purchasing a
good or service through a contract listed on a schedule developed
under this subchapter of the percentage used to calculate the
rebate authorized under Subsection (a).
(c) If a purchase resulting in a rebate under this section
is made in whole or in part with federal funds, the purchasing state
agency [comptroller] shall ensure that, to the extent the purchase
was made with federal funds, the appropriate portion of the rebate
is reported to [the purchasing agency for reporting and
reconciliation purposes with] the appropriate federal funding
agency.
SECTION 2. This Act takes effect September 1, 2021.
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