AL HB94

Creates a new Division of Property Investigations within the Office of the State Auditor to investigate loss, theft, or damage of state property valued at $500 or more, with authority to compel repayment from employees found negligent

Exempts property located behind security bars at Department of Corrections and Department of Youth Services facilities from standard biannual inventory audits, allowing alternative audit methods instead

Requires property managers to report loss or theft of inventoried state property to the State Auditor within 30 days of discovery

Authorizes the Attorney General to bring civil action against state employees for negligent loss or damage of state property, and requires referral to prosecutors when criminal violations are suspected

Allows the State Auditor to adjust the $500 property inventory threshold every four years based on Consumer Price Index changes, effective October 1, 2026