SB 348
Municipal Pensions Oversight Board rule relating to exempt purchasing
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Sign in to take action- Introduced
- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
Senate Bill 348 authorizes the Municipal Pensions Oversight Board to create rules regarding ‘exempt purchasing.’ Exempt purchasing typically refers to situations where goods or services are purchased without competitive bidding, often justified by specific circumstances like emergencies or sole-source contracts. This bill provides the board with the legal authority to establish guidelines and procedures for these types of purchases to ensure transparency and accountability.
Key provisions
- Authorizes the Municipal Pensions Oversight Board to create rules.
- Focuses on ‘exempt purchasing’ within the board’s jurisdiction.
- Relates to the use of §8-22-18a of the Code of West Virginia.
- Addresses purchasing practices overseen by the board.
Who is affected
- Municipal Pensions Oversight Board
- State government entities utilizing the board’s oversight
- Vendors providing goods or services to entities under the board’s purview
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