Bill
Bill > S1077
ID S1077
ID S1077Amends 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.
summary
Introduced
02/10/2023
02/10/2023
In Committee
02/13/2023
02/13/2023
Crossed Over
Passed
Dead
04/06/2023
04/06/2023
Introduced Session
2023 Regular Session
Bill Summary
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.
AI Summary
This bill amends existing law to require certain political subdivisions, such as counties, highway districts, and cities, to use a public bidding process before entering into any lease or lease-purchase agreement containing a profit-sharing agreement with a private entity. The bill sets forth specific procedures for the bidding process, including publishing a public notice, considering all proposals, and negotiating with interested parties. The bill also provides that these requirements apply to any lease agreement entered into on or after July 1, 2023.
Committee Categories
Budget and Finance, Justice
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Local Government and Taxation Committee (Senate)
Last Action
Senate Local Government & Taxation Committee (15:00:00 2/14/2023 Room WW53) (on 02/14/2023)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.idaho.gov/sessioninfo/2023/legislation/S1077/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2023/legislation/S1077.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2023/legislation/S1077SOP.pdf |
Loading...