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IA HF2548
Bill
Status
2/16/2026
Primary Sponsor
State Government
Click for details
AI Summary
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Increases the cap on periodic examination fees the State Auditor can collect from cities not required to have audits from $375,000 to $600,000 per fiscal year
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Fees are based on a sliding scale determined by each city's budgeted gross expenditures, with payment due March 31 annually
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Excess fees collected above the $600,000 threshold must be used to provide municipal financial management training to city officials, either directly or through contracted qualified organizations
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Funds collected remain in a segregated account and do not revert to the state general fund at fiscal year end, staying available for authorized purposes
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Applies to fees collected in fiscal years beginning on or after July 1, 2026
Legislative Description
A bill for an act relating to the determination and collection of certain fees by the auditor of state and the provision of municipal financial management training, and including applicability provisions.(Formerly HSB 626.)
Last Action
Tabled until future meeting.
3/4/2026