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bill NO. _____________
INTRODUCED
BY _________________________________________________
By Request of the ****
A BILL FOR AN ACT ENTITLED: "AN ACT REQUIRING A STATE AGENCY THAT RENDERS SERVICES TO ANOTHER STATE AGENCY TO INVOICE THE other state AGENCY WITHIN 60 DAYS OF RENDERING SERVICES; REQUIRING the invoiced AGENCY TO PAY THE INVOICE WITHIN 60 DAYS OR BY THE CURRENT STATE FISCAL YEARend, WHICHEVER OCCURS LAST; providing for interest to accrue on an outstanding invoice; and PROVIDING AN EFFECTIVE DATE."
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:
NEW SECTION. Section 1. Agency recovery of costs for services rendered -- invoice -- payment deadline -- interest. (1) A state agency rendering services to another state agency shall invoice the other state agency within 60 days of rendering services.
(2) The invoiced state agency shall pay the invoice in full within 60 days of receipt of the invoice or by the current state fiscal yearend, whichever occurs last.
(3) Interest of 10% accrues on an invoice beginning 60 days after the date of the invoice.
NEW SECTION. Section 2. Codification instruction. [Section 1] is intended to be codified as an integral part of Title 17, chapter 1, part 1, and the provisions of Title 17, chapter 1, part 1, apply to [section 1].
NEW SECTION. Section 3. Effective date. [This act] is effective July 1, 2023.