HI SB1416

Requires state agencies to submit reports on legislatively-funded studies and audits to the appropriate legislative committee chairs within one year of completion.

Mandates committee chairs conduct a public hearing or informational briefing on these reports within one year of receipt, with possible one-year extensions or waivers subject to public posting.

Exempts financial audits and regularly occurring studies or audits from the public hearing requirement.

Requires committee chairs to conduct public hearings or informational briefings on performance audit reports issued by the office of the auditor within one year of publication.

Requires state departments and agencies to submit reports to the legislature within one year of a new funded program's enabling act becoming law, including financial information, staffing, implementation status, achievements, and program effectiveness data.