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IN HB1315
Bill
Status
1/12/2016
Primary Sponsor
Daniel Leonard
Click for details
AI Summary
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Defines "funding entity" as an entity established to solicit, collect, or provide funds in connection with the purposes of a state agency.
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Expands the definition of "state agency" to include a body corporate and politic established as an instrumentality of the state.
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Requires funding entities to report to the auditor of state by January 31 each year regarding fund balances, property ownership, and expenditures as of December 31 of the preceding year.
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Mandates posting of funding entity fund balances, property ownership, and expenditure data on the Indiana transparency Internet website alongside state agency financial data.
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Repeals the provision exempting state agencies from recording information or expending resources for computer programming to make information reportable and repeals an obsolete 2011 auditor reporting requirement.
Legislative Description
Access to financial data for state agencies. Amends the law concerning access to financial data of state agencies to: (1) define "funding entity"; (2) apply the law to a body corporate and politic; (3) include certain state agency and funding entity employee data; and (4) include fund balance, property ownership, and expenditure data for a funding entity. Repeals a provision specifying that a state agency is not required to record information or expend resources for computer programming to make the information reportable under the chapter. Repeals an obsolete reporting requirement. Makes conforming amendments.
Last Action
First reading: referred to Committee on Government and Regulatory Reform
1/12/2016