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A BILL TO BE ENTITLED
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AN ACT
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relating to notice and reporting requirements for vendor rebates |
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under a contract listed on a multiple award contract schedule. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2155.510, Government Code, is amended by |
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amending Subsection (b) and adding Subsection (c) to read as |
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follows: |
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(b) The comptroller shall notify a state agency purchasing a |
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good or service through a contract listed on a schedule developed |
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under this subchapter of the percentage used to calculate the |
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rebate authorized under Subsection (a). |
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(c) If a purchase resulting in a rebate under this section |
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is made in whole or in part with federal funds, the purchasing state |
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agency [comptroller] shall ensure that, to the extent the purchase |
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was made with federal funds, the appropriate portion of the rebate |
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is reported to [the purchasing agency for reporting and |
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reconciliation purposes with] the appropriate federal funding |
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agency. |
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SECTION 2. This Act takes effect September 1, 2021. |