summary
Introduced
01/13/2026
01/13/2026
In Committee
02/11/2026
02/11/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Capital Development Board Act. Provides that the Capital Development Board may enter into contracts and manage construction projects pursuant to a public-private partnership agreement on behalf of an institution of higher education or a State agency, excluding the Department of Corrections, if the State agency or institution of higher education is authorized by statute or otherwise permitted to enter into a public-private partnership agreement.
AI Summary
This bill amends the Capital Development Board Act to allow the Capital Development Board (CDB), a state agency responsible for construction and management of state facilities, to enter into contracts and manage construction projects through public-private partnership agreements. A public-private partnership is a collaboration between a government agency and a private-sector company to finance, build, and operate public projects. This authority is granted to the CDB on behalf of institutions of higher education or other state agencies, with the exception of the Department of Corrections, provided that those institutions or agencies are already legally permitted to enter into such agreements. The CDB will also be empowered to create rules to implement this new provision.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
House State Government Administration Committee Hearing (14:00:00 2/25/2026 Room C-1 Stratton Building) (on 02/25/2026)
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