NOTE: As provided in LFC policy, this report is intended for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.

Only the most recent FIR version, excluding attachments, is available on the Intranet. Previously issued FIRs and attachments may be obtained from the LFC office in Suite 101 of the State Capitol Building North.

(Parenthesis ( ) Indicate Expenditure Decreases)

Relates to HB40 and SJM3

SOURCES OF INFORMATION

LFC Files

SUMMARY

Synopsis of Bill

House Joint Memorial 51 requests that the Legislative Finance Committee study and report recommendations on proposed privatization of state services and functions. The study and report shall include:

• •a cost-benefit analysis of existing state services and functions that are privatized;

• •the effect of privatization on existing infrastructure;

• •the effect of privatization on employment opportunities;

• •the effect of privatization on state liability issues; and

• •guidelines on who shall make public policy and conduct planning related to privatization of state services and functions.

HJM 51 includes a resolution asking that state agency secretaries, and other parties as needed, be cooperative with the Legislative Finance Committee's review of privatization and make any and all information available.

The Legislative Finance Committee is to report its findings and recommendations to the Legislative Council Service no later than December 15, 2000.

CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP

HJM 51 relates to House Bill 40 (Review Professional Service Contracts) and SJM 3 (Study State's Purchasing process).

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