Deletes everything after the enacting clause. Amends the State Prompt Payment Act. By January 1, 2006, requires the Department of Central Management Services to create and provide a portal on its official website that provides updated information on the approval of individual contracts and the processing of individual invoices, accessible by individual vendors. Specifies the minimum information that must be included. Requires the Department to adopt implementing rules. Effective immediately.
Fiscal Note (H-AM 1) (Dept of Central Management Services)
The Department of Central Management Services anticipates that the fiscal impact, from this bill, though impossible to currently quantify, to be significant.