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DE HB69
Bill
Status
Passed
6/1/2017
Primary Sponsor
James Johnson
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AI Summary
- Extends New Castle County Audit Committee members' terms from 1 year to 4 years to increase continuity and stability.
- Requires County Council to establish or reconstitute the 5-member Audit Committee as facts and circumstances warrant, rather than automatically at the beginning of each calendar year.
- Staggers initial terms of any reconstituted committee with one member serving 2 years, two members serving 3 years, and two members serving 4 years, with all subsequent appointments for full 4-year terms.
- Requires Committee members to possess technical skills necessary to oversee technical and complex financial reporting and audit processes.
- Provides that vacancies on the Committee shall be filled for the balance of the unexpired term.
Legislative Description
An Act To Amend Title 9 Of The Delaware Code Relating To The New Castle County Audit Committee.
Last Action
Signed by Governor
6/1/2017
Committee Referrals
Judicial & Community Affairs5/5/2017
Housing & Community Affairs3/9/2017
Full Bill Text
No bill text available