FIFTY-SIXTH LEGISLATURESB 61/a

SECOND SESSION, 2024

January 24, 2024

Mr. President:

    Your HEALTH AND PUBLIC AFFAIRS COMMITTEE, to whom has been referred

SENATE BILL 61

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

    1. On page 1, line 15, before the period, insert "; PROVIDING FOR AN ANNUAL ADJUSTMENT TO THE LIMIT ON THE TOTAL AMOUNT ON CONTRACTS FOR PROCUREMENT OF ARCHITECTURAL AND ENGINEERING SERVICES, CONSTRUCTION AND PURCHASE ORDERS UNDER THOSE CONTRACTS BASED ON A CHANGE TO THE PRODUCER PRICE INDEX".

    2. On page 2, line 4, before "over", insert ", as adjusted pursuant to Subsection G of this section".

    3. On page 2, line 7, before the period, insert ", as adjusted pursuant to Subsection G of this section".

    4. On page 2, line 14, before "over", insert ", as adjusted pursuant to Subsection H of this section".

    5. On page 2, line 17, before the period, insert ", as adjusted pursuant to Subsection H of this section".

    6. On page 3, line 15, before "in", insert ", as adjusted pursuant to Subsection G of this section".

    7. On page 3, line 19, before "in", insert ", as adjusted pursuant to Subsection H of this section".

    8. On page 4, line 8, strike the closing quotation mark.

    9. On page 4, between lines 8 and 9, insert the following:

         "G. On July 1, 2025 and July 1 of each successive year, each of the amounts for multiple contracts and all renewals, a single contract and any renewals, any one purchase order under a contract and the total amount of all contracts provided in Subsection A and Paragraph (1) of Subsection D of this section shall be adjusted by multiplying each of the amounts in Subsection A and Paragraph (1) of Subsection D of this section as of July 1, 2024 by a fraction, the numerator of which is the average producer price index by industry for architectural, engineering and related services of the previous calendar year and the denominator of which is the average producer price index of calendar year 2023.

         H. On July 1, 2025 and July 1 of each successive year, each of the amounts for multiple contracts and all renewals, a single contract and any renewals, any one purchase order under a contract and the total amount of all contracts provided in Subsection B and Paragraph (2) of Subsection D of this section shall be adjusted by multiplying each of the amounts in Subsection B and Paragraph (2) of Subsection D of this section as of July 1, 2024 by a fraction, the numerator of which is the average producer price index by commodity for final demand construction of the previous calendar year and the denominator of which is the average producer price index of calendar year 2023.

         I. As used in this section:

             (1) "producer price index by industry for architectural, engineering and related services" means the producer price index by industry for architectural, engineering and related services, not seasonally adjusted, or its successor index, as published by the United States department of labor; and

             (2) "producer price index by commodity for final demand construction" means the producer price index for final demand construction, not seasonally adjusted, or its successor index, as published by the United States department of labor."".

and thence referred to the JUDICIARY COMMITTEE.

                               Respectfully submitted,

                               ___________________________________

                               Senator Gerald Ortiz y Pino, Chair

Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)

                  Date ________________________

The roll call vote was 8 For 0 Against

Yes:      8

No:       0

Excused: Hickey

Absent:   None

SB0061PA1.wpd                                              .227544.1