Bill Text: TX SB220 | 2021-2022 | 87th Legislature | Engrossed
NOTE: There are more recent revisions of this legislation. Read Latest Draft
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-Engrossed.html
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-Engrossed.html
By: Zaffirini | S.B. No. 220 |
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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 [ |
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was made with federal funds, the appropriate portion of the rebate | ||
is reported to [ |
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agency. | ||
SECTION 2. This Act takes effect September 1, 2021. |