House Bill 1340
DIGEST OF HB1340 (Updated January 23, 2008 4:46 pm - DI 117)
Privatization review committee. Establishes the privatization review committee. Requires a state agency to develop a privatization plan before privatizing any state program. Requires the state agency to hold a hearing on the plan and report the results of the hearing to the public and the committee. Requires the committee to: (1) review a privatization plan before the plan is implemented; and (2) make advisory recommendations to the governor. Requires that certain privatization contracts must be approved under the "Reorganization Act of 1967". Provides that such a privatization contract entered into in violation of the Reorganization Act of 1967 is void. Makes technical changes in the Reorganization Act of 1967. Requires a state agency to perform a cost benefit analysis before entering into a contract for services. Requires the department of administration to compile semiannual reports on the cost benefit analysis for each contract.
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