SSB 1174 (LSB 2077XC (2) 86)

SENATE FILE _____

BY  (PROPOSED COMMITTEE ON STATE GOVERNMENT BILL BY CHAIRPERSON DANIELSON)

A BILL FOR

An Act concerning financial incentives received under a master contract established by the department of administrative services.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 8A.311A, Code 2015, is amended by adding the following new subsection:
   NEW SUBSECTION.  4.  If, pursuant to a master contract established by the department, the department receives any refund, rebate, or other financial incentive for a purchase of a good or service pursuant to that contract, the department shall provide that the agency or governmental subdivision purchasing under that contract receive any refund, rebate, or financial incentive, or pro rata portion thereof, as applicable, received by the department for that purchase.
EXPLANATION
The inclusion of this explanation does not constitute agreement with

the explanation’s substance by the members of the general assembly.
   This bill requires the department of administrative services to provide any state agency or governmental subdivision purchasing a good or service under a master contract established by the department with any refund, rebate, or financial incentive, or pro rata portion thereof, received by the department for that purchase.