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CA SB769
Bill
AI Summary
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Requires local agency officials to complete at least 2 hours of fiscal and financial training every 2 years if their agency provides compensation or expense reimbursement to legislative body members.
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Training must cover financial administration, budget processes, debt management, capital financing, pensions, and procurement practices, developed in consultation with local government finance experts.
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Applies to officials in agencies designated as high risk by the State Auditor, those failing to submit annual financial reports, or with officials who submitted false reports.
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Officials serving multiple agencies only need to complete training once every 2 years but must provide proof to all agencies they serve; existing officials must complete training by January 1, 2026.
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Exempts officials already meeting requirements for county auditor, treasurer, or tax collector positions under existing law; requires agencies to maintain training records for at least 5 years.
Legislative Description
Local government: fiscal and financial training.
Last Action
September 1 hearing: Held in committee and under submission.
9/1/2023