State accounting office; state accounting officer pay state obligations to vendors within a certain time period; direct

A BILL to be entitled an Act to amend Chapter 5B of Title 50 of the Official Code of Georgia Annotated, relating to the state accounting office, so as to direct the state accounting officer to pay state obligations to vendors within a certain time period; to provide that, if such payments are not made within the time specified, the state will owe interest equal to 12 percent per annum; to provide for information from state agencies; to provide for promulgation of rules and regulations; to provide for an effective date; to provide for applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.