House File 2299 - Introduced HOUSE FILE 2299 BY LANDON A BILL FOR An Act relating to notification of the general assembly 1 concerning certain state government leases and real property 2 acquisitions. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 6040YH (4) 88 ec/rn
H.F. 2299 Section 1. Section 8A.321, Code 2020, is amended by adding 1 the following new subsection: 2 NEW SUBSECTION . 16. At least thirty days prior to entering 3 into a contract for a lease or renewal of a lease pursuant 4 to subsection 6 or a contract for the acquisition of real 5 property pursuant to subsection 9 in which any part or the 6 total amount of the contract is at least fifty thousand 7 dollars, notify the legislative services agency concerning the 8 contract. The legislative services agency shall submit the 9 notification to the general assembly’s standing committees on 10 government oversight. The notification is required regardless 11 of the source of payment for the lease, renewal of lease, or 12 acquisition of real property. The notification shall include 13 all of the following information: 14 a. A description of the buildings and office space subject 15 to the lease or renewal of lease or a description of the real 16 property to be acquired. 17 b. The proposed terms of the contract. 18 c. The cost of the contract, including principal and 19 interest costs. If the actual cost of a contract is not known 20 at least thirty days prior to entering into the contract, the 21 director shall estimate the principal and interest costs for 22 the contract. 23 d. An identification of the means and source of payment of 24 the contract. 25 e. An analysis of consequences of delaying or abandoning the 26 commencement of the contract. 27 EXPLANATION 28 The inclusion of this explanation does not constitute agreement with 29 the explanation’s substance by the members of the general assembly. 30 This bill requires the director of the department of 31 administrative services to notify and provide to the 32 legislative services agency for submission to the general 33 assembly’s standing committees on government oversight 34 information regarding entering into a contract for a lease or 35 -1- LSB 6040YH (4) 88 ec/rn 1/ 2
H.F. 2299 renewal of a lease for certain buildings and office space or 1 a contract for the acquisition of real property in which any 2 part or the total amount of the contract is at least $50,000. 3 The bill requires the notification at least 30 days prior to 4 entering into a contract and provides that the notification 5 include information describing the buildings and office space 6 subject to the lease or renewal of lease or describing the 7 real property to be acquired, providing the proposed terms of 8 the contract and the cost of the contract, identifying the 9 means and source of payment of the contract, and analyzing the 10 consequences of delaying or abandoning the commencement of the 11 contract. 12 -2- LSB 6040YH (4) 88 ec/rn 2/ 2