Bill > SB2135

This bill authorizes counties to obtain and use county purchase cards, which are similar to credit cards, issued through a county's financial institution, referred to as a "depository." These purchase cards can be used for various acquisitions, with specific limits on transaction amounts. For purchases made under existing county or multi-county contracts, utilities, intergovernmental payments, emergency acquisitions, or professional services, there will be no limit on the transaction amount. For all other purchases made with these cards, the transaction limit will be the greater of $5,000 or a limit set by the county purchasing agent, which cannot exceed the fair and reasonable acquisition threshold. Cardholders must sign an agreement and receive training, and all purchases made with these cards will be published as required by law, similar to how warrants are published. The bill also requires that all acquisitions remain subject to competitive bidding, emergency declaration, and purchase order procedures unless specifically exempted, and allows the board of county commissioners to solicit bids from financial institutions to provide the purchase card program, awarding the contract to the institution offering the greatest overall benefit to the county. An emergency clause is included, meaning the act will take effect immediately upon its passage and approval.

Government Affairs

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb2135&Session=2600