Higher educational institutions, public; contracting firms, president of the institution. (SB448)

Introduced By

Sen. John Edwards (D-Roanoke)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Public institutions of higher education; contracting firms; president of the institution; delegation. Allows a president of a public institution of higher education to delegate to an officer or administrator of the institution his obligation to determine and make a written finding as a matter of public record that a contract is in the best interests of the institution when an officer or employee whose personal interest in a contract with the institution is by reason of an ownership in the contracting firm in excess of three percent of the contracting firm's equity or such ownership interest and income from the contracting firm is in excess of $5,000 per year. Read the Bill »

Status

02/10/2020: Passed the Senate

History

DateAction
01/07/2020Prefiled and ordered printed; offered 01/08/20 20101813D
01/07/2020Referred to Committee on Education and Health
01/15/2020Impact statement from DPB (SB448)
01/29/2020Assigned Education sub:
01/29/2020Assigned Education sub: Higher Education
02/06/2020Reported from Education and Health (14-Y 0-N) (see vote tally)
02/07/2020Constitutional reading dispensed (37-Y 0-N) (see vote tally)
02/10/2020Read second time and engrossed
02/10/2020Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/10/2020Passed Senate (39-Y 0-N) (see vote tally)

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