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2008 SESSION

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SB 352 Public Private Education Facilities & Infrastructure Act of 2002; definition of qualifying projects.

Introduced by: Walter A. Stosch | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED SENATE:

Public Private Education Facilities and Infrastructure Act of 2002; technology projects; gain sharing.  Adds to the categories of “qualifying project” under the Public Private Education Facilities and Infrastructure Act of 2002 (PPEA) any services designed to increase productivity or efficiency through the direct or indirect use of technology.  The bill also adds technology applications to the types of technology infrastructure projects that may be carried out under the PPEA.  This bill is identical to HB 955.

SUMMARY AS INTRODUCED:

Public Private Education Facilities and Infrastructure Act of 2002; technology projects; gain sharing. Authorizes a responsible public entity (RPE) to include a gain-sharing component in any interim or comprehensive agreement for a qualifying project consisting of technology infrastructure, services or applications. "Gain sharing" is defined as a provision of an interim or comprehensive agreement where the RPE and the private entity agree to share a percentage of any savings that are realized and that can be attributed to the efforts of the private entity. The bill also allows an RPE to request the Public-Private Advisory Commission to perform a preliminary review of an unsolicited proposal for a technology-related qualifying project anticipating substantial savings to the responsible public entity and includes a gain-sharing component providing for the private entity to share in a percentage of the savings. In addition, the bill includes technology applications in the definition of "qualifying project."