MD SB250 | 2022 | Regular Session

Note: Carry Over of previous SB336

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 14 2022 - 25% progression
Action: 2022-01-17 - Reassigned to Budget and Taxation
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requiring each county and municipality to adopt a certain policy; altering a State policy to make a payment under a procurement contract or after receipt of a proper invoice in 15 days rather than the current policy of 30 days; reducing the number of days from 45 to 15 following receipt of an invoice after which the State owes interest on unpaid amounts and interest begins to accrue on unpaid amounts; and repealing a requirement that a contractor submit an invoice within a certain amount of time in order to receive interest payments.

Tracking Information

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Title

State and Local Procurement – Payment Practices

Sponsors


History

DateChamberAction
2022-01-17SenateReassigned to Budget and Taxation
2022-01-14SenateFirst Reading Education, Health, and Environmental Affairs

Same As/Similar To

SB336 (Carry Over) 2021-02-02 - Hearing 2/03 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Local Government1404(n/a)See Bill Text
State Finance and Procurement15103(n/a)See Bill Text
State Finance and Procurement15104(n/a)See Bill Text
State Finance and Procurement15105(n/a)See Bill Text

Maryland State Sources


Bill Comments

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