Bill > S0826

This bill establishes a seven-member public-private partnership infrastructure oversight commission to approve and review requests for proposals for design-build-finance-operate-maintain and design-build-operate-maintain infrastructure projects. The commission will consist of experts in fields like transportation, engineering, public finance, and other related areas, appointed by the governor for two-year terms. The bill creates a comprehensive framework for how public-private partnerships can be developed for qualified facilities such as transportation terminals, water treatment facilities, educational facilities, and other public infrastructure projects. The commission will review and report on various aspects of proposed projects, including employee status, taxation, technological innovations, lease terms, and potential public concerns. The legislation provides detailed guidelines for soliciting proposals, evaluating bids, and structuring agreements, with an emphasis on ensuring fair competition, protecting workers' rights, and maintaining public oversight. The bill allows for contracts up to 50 years in length and provides mechanisms for the state to take over a project if a private operator fails to meet its obligations. Importantly, the bill also grants the state the power of eminent domain for these infrastructure projects and allows for various funding mechanisms, including federal grants, private investments, and state resources. The proposed law aims to create a transparent and structured approach to developing public infrastructure through partnerships between government and private entities.

Labor and Employment

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