STATE VOUCHERS-PAYMENT

Amends the State Finance Act. Provides that, within 25 business days after a State agency receives a vendor's bill or invoice for goods or services payable from the General Revenue Fund, or as soon thereafter as practical, the State agency must either (i) submit a voucher to the Comptroller for payment of the bill or invoice or (ii) return the bill or invoice to the vendor to correct specified errors or inaccuracies in the bill or invoice. Provides that, within 5 business days after the Comptroller receives the error-free voucher, the Comptroller must approve or deny the voucher. Provides that, within 2 business days after approval of a voucher, the Comptroller shall post the payment transaction or the accounts payable transaction in aggregate for vouchers payable from the General Revenue Fund on the Comptroller's website. Effective immediately.