MO SB789

Repeals and re-enacts section 29.235, RSMo, to clarify the state auditor's examination authority over state agencies and entities subject to audit, including books, accounts, records, reports, and vouchers.

Auditor must comply with state and federal financial privacy requirements under chapter 408 and reimbursement of reasonable documentation and production costs when examining records related to federal or state grant amounts and funds handled on behalf of government entities.

Removes previous limitations on state tax return review and instead restricts auditor's authority to use or disclose overdue tax debt information only to the extent permitted under section 32.057.

Requires all grant agreements received by state agencies or political subdivisions to include a clause describing the auditor's authority to examine and inspect property, equipment, and facilities purchased with grant funds.

Auditor may hire certified public accountants, management consultants, and other professionals to carry out audit duties, and no state agency may contract for auditing services without prior written approval from the auditor.