OLR Bill Analysis

HB 5397

AN ACT CONCERNING THE MAXIMUM AMOUNT FOR PURCHASES USING THE P-CARD.

SUMMARY:

This bill eliminates the current $ 10,000 limit on state agency purchasing card (P-Card) transactions and purchases. By law, the comptroller may allow budgeted state agencies to use P-Cards instead of separate purchase orders for approved state purchases.

EFFECTIVE DATE: July 1, 2012

BACKGROUND

P-Card Program

The P-Card program is a credit card program that the Department of Administrative Services and Office of the State Comptroller co-sponsor. Each agency and state employee receiving a P-Card is bound by the limits, policies, and procedures outlined in The State of Connecticut Purchasing Card Program Cardholder Work Rules and the Agency Purchasing Card Coordinator Manual. Under the program, individual agencies prescribe approved state purchases and are liable for all authorized charges made by its employees. Individuals are responsible for repaying improper charges and are personally liable for card misuse.

COMMITTEE ACTION

Government Administration and Elections Committee

Joint Favorable

Yea

15

Nay

0

(03/21/2012)