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 any contract-related fee, including 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.