The bill, identified as SB316, authorizes the Sheriff of Montgomery County to establish procedures for making limited purchases using a credit card, provided that proper policies and procedures are followed. The act defines "credit card" as a line of credit issued by a domestic lender or credit card bank and outlines specific guidelines for the use of the credit card. These guidelines include setting a monetary limit on individual and total monthly purchases, ensuring that only the sheriff or a designee has access to the credit card and its security details, maintaining accurate records of all purchases, reviewing credit card bills monthly for unauthorized charges, and paying bills on time to avoid additional fees.

The bill also stipulates that the sheriff is responsible for selecting a credit card provider, taking into account factors such as annual fees, rewards or rebates, interest rates, and potential penalties for terminating the card. Any rewards or rebates earned from the use of the credit card are to be deposited into the Sheriff's Fund of Montgomery County. The act is set to become effective on October 1, 2024. There are no specific insertions or deletions from current law indicated in the provided text.