Authorizes the Municipal Pensions Oversight Board to create a rule on exempt purchasing.
The bill authorizes the Municipal Pensions Oversight Board to promulgate a legislative rule concerning exempt purchasing. This rule-making authority is intended to provide the board with the ability to establish guidelines and regulations related to exempt purchasing, ensuring compliance and oversight within the municipal pensions system.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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