SB174: Public-Private Partnership Advisory Commission; created.

Chief Patron

Sen. William Wampler (R-40)

Status

Bill is Dead

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Summary

Public-Private Transportation Act; Public-Private Education Facilities and Infrastructure Act; guidelines; Public-Private Partnership Advisory Commission.  Requires the review of the terms and conditions of interim or comprehensive agreements for qualifying projects under the Public-Private Transportation and Public-Private Education Facilities and Infrastructure Acts by the appropriating body before the final execution of such agreements by the responsible public entity. "Appropriating body" is defined in the bill as the body responsible for appropriating or authorizing funding for the project. The bill also requires specific provisions to be included in the guidelines that must be adopted by responsible public entities (RPE's) under each of the Acts. In addition, the bill establishes the Public-Private Partnership Advisory Commission to review the terms of the interim and comprehensive agreements prior to signing by state RPE's and to provided nonbinding, advisory opinions regarding the terms of such agreements.   View Full Text »