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Senate Bill 0456


Senate Bill 0456

ARCHIVE (2007)

Latest Information

 

DIGEST OF INTRODUCED BILL


Outsourcing relief. Requires approval by the legislative council of state contracts that: (1) result in outsourced employees; and (2) total at least $10 million. Provides that a contract entered into by a state agency may not be for a period of more than four years unless a statute specifically provides otherwise. Requires a state agency to award contracts to Indiana businesses unless the Indiana business: (1) is not the lowest bidder; or (2) cannot perform the contract. Requires a person that bids on a state contract to disclose certain information concerning outsourced workers to the Indiana department of administration. Requires a financial institution to defer principal payments for up to 12 months on a mortgage or vehicle loan held by an outsourced employee of the state or a state educational institution. Requires the state student assistance commission to administer a program of low interest loans to outsourced employees or dependents of outsourced employees who are full-time students at a state educational institution to pay tuition and regularly assessed fees.
    Current Status:
     In Committee - first House
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