Loading chat...
MS HB1315
Bill
Status
1/17/2022
Primary Sponsor
Randy Boyd
Click for details
AI Summary
-
Allows the State Auditor to pay independent specialists or firms contracted for investigative and audit services as a percentage of funds recovered, rather than requiring upfront payment by the audited entity
-
Amends Section 7-7-213 to add this percentage-based payment option when recovering costs from officers or employees found at fault for misuse of public funds
-
Amends Section 7-7-211 to apply the same percentage-of-recovery payment option to postaudits and investigations of county governments, school districts, and other local agencies
-
Renames the "Department of Investigation" to "Division of Investigation" within the State Department of Audit
-
Effective date: July 1, 2022
Legislative Description
State auditor; authorize investigative and audit costs incurred by contracted firms to be paid as percentage of the recovery.
Last Action
Failed
2/9/2022