Assembly Bill No. 605–Committee on Ways and Means

 

(On Behalf of Department of Administration—Budget Division)

 

March 26, 2001

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Referred to Committee on Ways and Means

 

SUMMARY—Makes various changes relating to state purchasing fund. (BDR 27‑1315)

 

FISCAL NOTE:    Effect on Local Government: No.

                                 Effect on the State: No.

 

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.

 

AN ACT relating to state purchasing; authorizing the chief of the purchasing division of the department of administration to withdraw money from the state purchasing fund under certain circumstances; providing that the maximum balance in the state purchasing fund is permanently reduced by the amount of the withdrawal; limiting the amount of a temporary transfer from the state general fund to the state purchasing fund under certain circumstances; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

1-1    Section 1. NRS 333.120 is hereby amended to read as follows:

1-2    333.120  1.  The state purchasing fund, in the sum of $1,250,000 is

1-3  hereby created as an internal service fund for the use of the chief in

1-4  purchasing supplies, materials and equipment and services.

1-5    2.  Except as otherwise provided in subsection 3, the chief may

1-6  withdraw from the state purchasing fund an amount not to exceed

1-7  $150,000 per year and is hereby authorized to expend that amount to pay

1-8  the cost to the purchasing division of providing methods for purchasing

1-9  or leasing pursuant to this chapter by the use of forms in electronic

1-10  format through a computer system or network or through the Internet, or

1-11  its successor, if any.

1-12    3.  The chief shall not withdraw money pursuant to subsection 2 if

1-13  the withdrawal would reduce the balance of the state purchasing fund

1-14  below $500,000.

1-15    4.  If the chief makes a withdrawal pursuant to subsection 2, the

1-16  maximum balance of the state purchasing fund is permanently reduced

1-17  by the amount of the withdrawal.

2-1    Sec. 2.  NRS 333.125 is hereby amended to read as follows:

2-2    333.125  Whenever claims payable and properly approved exceed the

2-3  amount of the cash in the state purchasing fund, the state controller may

2-4  transfer temporarily from the state general fund to the state purchasing

2-5  fund such amount as may be required to pay the claims, but not to exceed

2-6  the lesser of [the] :

2-7    1.  The amount receivable from using agencies and political

2-8  subdivisions as certified by the purchasing division ;

2-9    2.  The maximum balance of the state purchasing fund, if reduced

2-10  pursuant to subsection 4 of NRS 333.120; or [$850,000.]

2-11    3.  Eight hundred and fifty thousand dollars.

2-12    Sec. 3.  This act becomes effective upon passage and approval.

 

2-13  H