Requires the comptroller review and approve certain contracts

This bill requires the state financial officer (comptroller) to review and approve all contracts entered by state agencies above a minimum value set by the legislature. It directly affects state departments, boards, and institutions that enter contracts, mandating pre-execution approval for contracts exceeding the legislated threshold. The legislature sets this minimum value through a joint resolution, and the governor may temporarily suspend the requirement during declared disaster emergencies. The comptroller’s role in contract review is added to their constitutional duties under this proposed amendment.