House Bill 1581 seeks to amend Chapter 29 of the Private Acts of 2021 concerning the Town of Pleasant Hill by deleting Article IV, Section 4. This section previously mandated that all purchases and contracts exceeding five thousand dollars ($5,000) be awarded to the lowest responsible bidder after proper advertisement and competition. Additionally, it required that any contract for public work or improvement over this amount be contingent upon the contractor providing a bond with an authorized bonding company equal to the contract price.
The bill stipulates that it will only take effect if approved by a two-thirds (2/3) vote of the Town's legislative body, with the outcome being certified to the secretary of state. While the act becomes effective immediately for the purpose of approval or rejection, it will only be fully effective as outlined in Section 2 upon legislative approval.