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IA HSB626
SB
Status
1/27/2026
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 annual 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 payments due March 31 each year.
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Requires excess funds collected above $675,000 to be used for municipal financial management training for city officials, either provided directly by the Auditor or through contracted qualified organizations.
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Collected fees remain in a segregated account for the Auditor's office and do not revert to the state general fund at fiscal year end.
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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.(See HF 2548.)
Last Action
Committee report approving bill, renumbered as HF 2548.
2/16/2026