Relates to contracts between state agencies and not-for-profit organizations
REPORTED REFERRED TO WAYS AND MEANS
Summary
The bill defines how state agencies may start, renew, or extend contracts with not‑for‑profit organizations, including required written directives and strict approval timelines. It creates an interest‑free revolving loan fund to help nonprofits cover costs while contracts are being finalized, and establishes a 16‑member advisory committee to monitor the contracting process. The changes aim to improve accountability, ensure timely payments, and provide financial flexibility for nonprofits.
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