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AR HB1591

Bill

Official Source

Status

Passed

3/23/2011

Primary Sponsor

Tim Summers

Click for details

Origin

House of Representatives

88th General Assembly (2011 Regular)

AI Summary

  • Amends Arkansas Code § 14-47-126 to require city boards of directors to have financial affairs audited annually by either the Division of Legislative Audit of the State of Arkansas or an independent certified public accountant not otherwise employed by the city
  • Amends Arkansas Code § 14-48-123 with identical audit requirements for city boards of directors
  • Applies to certain cities within Arkansas's regulatory framework for municipal financial oversight
  • Establishes flexibility in audit providers while maintaining independence standards through the independent accountant requirement

Legislative Description

Concerning The Annual Audit Of The Financial Affairs Of Certain Cities.

Last Action

House Notification that HB1591 is now Act 623

3/23/2011

Committee Referrals

City, County & Local Affairs3/10/2011
City, County and Local Affairs2/24/2011

Full Bill Text

No bill text available