The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Jay R. Lueckel. DIGEST SB 407 Original 2016 Regular Session Milkovich Present law provides for reporting requirements for the state chief procurement officer, including annual reports. Proposed law retains present law and provides that the information contained in the annual report shall be published on the division of administration's website for access and ease of use. Proposed law creates the Contract Services Joint Legislative Task Force (task force) to study, review, and make assessments on contracts. Proposed law provides that the task force shall be composed of four members of the Senate, appointed by the Senate president, and four members of the House of Representatives, appointed by the House speaker. Proposed law provides the task force shall meet at least quarterly and shall review all contracts for supplies, materials, services, major repairs, personal, professional, consulting, and social services contracts, among others, with an annual amount of $50,000 or more. Proposed law further states the Senate president shall appoint a senator to chair the first meeting until officers can be elected from among the task force membership at the first meeting, which shall take place no later than 30 days after the effective date of the Act, and that a quorum of task force members shall be needed to conduct business. Proposed law further states the task force shall report annually to the Senate president, the House speaker, and the governor no later than 60 days before the regular session regarding any recommendations relative to any specific contracts or contract procedures that may require administrative action or may require legislative action. Effective July 1, 2016. (Adds R.S. 39:1567(B)(4) and (F))