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MS HB1471

Bill

Official Source

Status

Failed

2/5/2013

Primary Sponsor

Bryant Clark

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • State Auditor shall exclude grants received by municipalities when determining revenues and expenditures for purposes related to prescribing audit procedures and reporting requirements.

  • Amends Section 21-35-31, Mississippi Code of 1972, applying to both pre-October 1, 2009 and post-October 1, 2009 municipal fiscal years.

  • Requirement applies to all municipalities undergoing annual audits by competent accountants or certified public accountants approved by the State Auditor.

  • Effective date is July 1, 2013.

Legislative Description

Municipal audits; exclude grants when determining revenues and expenditures.

Last Action

Died In Committee

2/5/2013

Committee Referrals

Municipalities1/21/2013

Full Bill Text

No bill text available