CHARITIES AND NONPROFITS.....WHO PROVIDE CRITICAL SERVICES TO STATE AGENCIES.....WOULD RECEIVE MONEY THEY'RE OWED FASTER UNDER LEGISLATION
STATE REPRESSENTATIVE SHAWN MCPHERSON PLANS TO REFILE FOR THE 2026 GENERAL ASSEMBLY.....
THE LEGISLATION REQUIRES PROMPT PAYMENTS TO VENDORS UNDER GOVERNMENT CONTRACTS.....AND IMPOSES PENTLITIES FOR LATE PAYMENTS.....
THE MEASURE WOULD ULTIMATELY SEEK TO CREATE A FRAME WORK FOR A MORE EFFICIENT GOVERNMENT BY ENSURING ALLL PARTIES INVOLVED IN A
GOVERNMENT CONTRACT ARE HELD TO ITS TERMS.....
THE GENERAL ASSEMBLY APPROVED THE BILL IN 2025.....BUT IT WAS "LINE ITEM" VETOED BY THE GOVERNOR.......
