PROCUREMENT: Provides relative to procurement of information technology (EN NO IMPACT See Note)

This bill amends existing procurement rules to require that all contracts for fiscal intermediary services receive approval from the Joint Legislative Committee on the Budget. The change directly affects government entities responsible for purchasing financial management services by adding an extra layer of oversight before such contracts are finalized. By mandating this specific committee's sign-off, the legislation aims to ensure greater legislative review over how the state handles its financial intermediation agreements.