S10772023 Regular Session
Amends existing law to require certain political subdivisions to use a public bidding process before entering into any lease or lease-purchase agreement containing a profit-sharing agreement.
LOCAL GOVERNMENT -- Amends existing law to require certain political subdivisions to use a public bidding process before entering into any lease or lease-purchase agreement containing a profit-sharing agreement.
IntroducedIn CommitteeFloor VoteEnacted
STATEMENT OF PURPOSE
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This legislation will require that counties, cities, highway districts, and airports allow a competitive bidding process prior to entering a lease contract with a private sector entity that includes a revenue-sharing component.
LATEST ACTION
Reported Printed; referred to Local Government & Taxation
BILL INFO
- Session
- 2023
- Chamber
- senate
- Status date
- Feb 10, 2023