§ 24-38-102 — Definitions

As used in this article, unless the context otherwise
requires:

(1) Agency means every agency in the executive branch of state
government that is required by the constitution or statutes of the state to exercise
discretion or to perform judicial or quasi-judicial functions. The term includes, but is
not limited to, any board, bureau, commission, department, institution, division,
section, or office of the state.

(2) Cost savings means any money that an agency does not expend from
its general fund appropriations for a given fiscal year that is a direct result of cost-cutting measures, including an action that would result in a base reduction due to
permanent reductions in spending. In no case shall cost savings include or be a
result of a case load reduction or personal services contracts that the agency
entered into under a managed competition process; except that cost savings does
include savings realized from personal services contracts entered into pursuant to a
public-private initiative agreement between the agency and a nonprofit entity in
accordance with part 2 of this article.

Legislative History

Source: L. 98: Entire article added, p. 1308, � 1, effective August 5. L. 2010: (2) amended, (HB 10-1010), ch. 90, p. 309, � 2, effective August 11.