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IN HB1137
Bill
Status
1/8/2015
Primary Sponsor
Thomas Saunders
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AI Summary
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Establishes a state board of accounts audit fee account administered by the state board of accounts to fund its operations, with money remaining in the account at fiscal year-end rather than reverting to the general fund.
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Directs examination fees paid by taxing units in counties to be deposited into the audit fee account instead of the state general fund.
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Authorizes the state examiner to charge $100 per day for examining entities that are federal grant recipients, with those fees transferred to the audit fee account.
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Provides continuous appropriation of money in the audit fee account for state board of accounts operations and prohibits transfers of account money to other funds that revert to the state general fund.
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Effective July 1, 2015; amends IC 5-11-4 and creates new section IC 5-11-4-3.1.
Legislative Description
State board of accounts fees and funding. Establishes the state board of accounts audit fee account (account) for the purpose of providing funding for the operations of the state board of accounts. Provides that the state board of accounts shall administer the account. Provides that money in the account at the end of a state fiscal year does not revert to the state general fund. Provides that money in the account may not be transferred from the account to any other account or fund that reverts to the state general fund. Provides that money received by the treasurer of state
Last Action
First Reading: referred to Committee on Ways and Means
1/8/2015