TITLE: Relating to requiring school districts to report management fees under certain cooperative purchasing contracts.

SUMMARY: Relating to requiring school districts to report management fees under certain cooperative purchasing contracts.

FULL TEXT:
AN ACT relating to requiring school districts to report management fees under certain cooperative purchasing contracts. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 44.0331(a), Education Code, is amended to read as follows: (a) A school district that enters into a purchasing contract valued at $25,000 or more under Section 44.031(a)(5), under Subchapter F, Chapter 271, Local Government Code, or under any other cooperative purchasing program authorized for school districts by law shall document a [any] contract-related fee, including a [any] management fee, paid by or to the district and the purpose of each fee under the contract. SECTION 2. This Act takes effect September 1, 2021.