(a) In addition to its other duties under this article, the Contract Review Permanent Legislative Oversight Committee shall review proposed agreements and obligations as follows:

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Terms Used In Alabama Code 29-2-41.6

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
(1) Each state agency or department that receives a direct appropriation from the State General Fund proposing to enter into any agreement obligating the agency or department to expend more than ten million dollars ($10,000,000) of the annual appropriation from the State General Fund to the agency or department in a future fiscal year or years shall submit the agreement or obligation to the committee for review no later than 10 days after the agreement is signed or otherwise authorized by the agency or department. An agreement or obligation subject to review as provided in Section evidence; organization; meetings” class=”unlinked-ref” datatype=”S” sessionyear=”2022″ statecd=”AL” title=”29″>29-2-41, is exempt from review under this section.
(2) The committee shall review the proposed agreement or obligation within 30 days of its submission under subdivision (1) and may hold public hearings on the proposal.
(3) If the committee does not give notice to the state agency or department of its approval or disapproval of the proposed agreement or obligation within 30 days of its submission, the proposal is deemed to be approved by the committee for purposes of this section.
(4) If at least two House members and two Senate members of the committee disapprove of a proposed obligation or agreement within 30 days of its submission under subdivision (1), the obligation or agreement shall not become effective until 45 days after the obligation or agreement is submitted.
(b) As part of the committee’s review conducted pursuant to this section, all state agencies, departments, boards, commissions, authorities, or other state entities shall cooperate fully with the committee and shall produce any documents or other information requested by the committee.
(c) The Department of Transportation is not subject to the review process in this section.