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Relating to notice and reporting requirements for vendor rebates under a contract listed on a multiple award contract schedule.
No significant fiscal implication to the State is anticipated.
SB 220 would require the comptroller to notify a state agency purchasing a good or service through a contract listed on a multiple-award contract schedule of the percentage used to calculate the rebate authorized under existing law. If a rebate is given on a purchase made with federal funds, the bill would require the state purchasing agency to complete any necessary reporting, as opposed to the current law requiring the comptroller to handle it.
As SB 220 does not pertain to the liberty principles, Texas Action is neutral on this bill.
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