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MS HB256

MS HB256
Public purchases; increase procurement threshold for public schools and charter schools for competitive bid requirements to $10,000.00.


summary

Introduced
01/10/2025
In Committee
01/10/2025
Crossed Over
Passed
Dead
02/04/2025

Introduced Session

2025 Regular Session

Bill Summary

An Act To Amend Section 31-7-13, Mississippi Code Of 1972, To Increase The Procurement Threshold For Competitive Bid Requirements For Public Schools, School Districts And Charter Schools Under The Public Purchasing Law Up To $10,000.00; And For Related Purposes.

AI Summary

This bill amends Mississippi's public purchasing law to increase the procurement threshold for competitive bid requirements specifically for public schools, school districts, and charter schools from $5,000 to $10,000. Currently, these educational institutions are required to obtain competitive bids for purchases over $5,000, but the bill would raise this threshold to $10,000, allowing schools more flexibility in making smaller purchases without going through a formal bidding process. The bill does not change the existing competitive bid requirements for other government agencies, which remain at the $5,000 threshold. The new procurement threshold would take effect on July 1, 2025, giving schools and administrative offices time to prepare for the change. By raising the threshold, the bill aims to reduce administrative burden on schools and potentially streamline their purchasing processes for smaller acquisitions while still maintaining fiscal responsibility through the option to voluntarily seek competitive bids even for purchases under the new $10,000 limit.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Died In Committee (on 02/04/2025)

bill text


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