PROCUREMENT-EXPATRIATES Senate SponsorsSen. Carol Ronen-Jacqueline Y. Collins 1/11/2005SenateSession Sine Die New ActCreates the Expatriate State Contractor Act. Prohibits executive branch State agencies from entering into contracts with expatriate corporations or their subsidiaries. Defines an expatriate corporation as a company that (i) is publicly traded in the U.S., (ii) has incorporated in a foreign tax haven, (iii) is traded primarily in the U.S., (iv) has no substantial business activity in the place of incorporation, and (v) meets other specified criteria. Exempts certain companies that were expatriates before January 1, 2005 and afford specified shareholder rights. Authorizes an agency to waive the prohibition if the contract meets a compelling public interest. Requires that contracts include the vendor's declaration of compliance and makes false declaration a Class A misdemeanor. Effective January 1, 2005. 2/3/2004SenateFiled with Secretary by Sen. Carol Ronen 2/3/2004SenateFirst Reading 2/3/2004SenateReferred to Rules 2/6/2004SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins 1/11/2005SenateSession Sine Die