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SB406 Alabama 2011 Session

Updated Jul 26, 2021

Summary

Session
Regular Session 2011
Title
Public contracts, competitive bids, potential conflict of interest, members and officers of public entities may have financial interest in public contract if contract existed before public service begins or member or officer does not participate in decision process, Sec. 41-16-60 am'd.
Description

This bill would amend Section 41-16-60 of the Code of Alabama 1975, relating to potential conflicts of interest of members and officers of certain public bodies who participate in the competitive bid process for public contracts or purchases.

This bill would provide that members and officers could have a financial interest in a publicly bid purchase and contract if a contract or agreement under which a financial interest arises was created before the public member or official takes office or if the public member or official does not participate in the decision-making process concerning a public purchase or contract.

Subjects
Public Contracts

Bill Actions

Indefinitely Postponed

Read for the second time and placed on the calendar

Read for the first time and referred to the Senate committee on Fiscal Responsibility and Accountability

Bill Text

Documents

Source: Alabama Legislature