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IN HB1329
Bill
Status
1/12/2016
Primary Sponsor
Harold Slager
Click for details
AI Summary
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Defines "audited entities" to include state agencies, public hospitals, municipalities, educational institutions, and entities required to be examined under state law.
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Requires audited entities to take action to address findings when examination reports show failure to observe uniform compliance guidelines or comply with specific laws.
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Mandates the state board of accounts create guidelines for corrective action plans that must resolve issues within 6 months of filing.
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Authorizes the audit committee to request written statements, require personal attendance, order corrective action, notify the department of local government finance, or refer matters to prosecutors if corrective action plans are not implemented.
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Prohibits the department of local government finance from approving budgets or supplemental appropriations for taxing units after June 30, 2016 and June 30, 2017 if they fail to correct violations or refuse to address compliance failures, effective July 1, 2016.
Legislative Description
State examiner findings. Specifies requirements for corrective action when audited entities fail to comply with certain guidelines or laws. Requires the department of local government finance to deny the budget or supplemental appropriation of an audited entity under certain circumstances.
Last Action
First reading: referred to Committee on Government and Regulatory Reform
1/12/2016