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MS HB1153
Bill
Status
1/31/2023
Primary Sponsor
Randy Boyd
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AI Summary
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Allows investigative and audit costs incurred by independent specialists or firms contracted by the State Auditor to be paid as a percentage of the recovery in cases involving misappropriated or illegally expended public funds.
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Amends Section 7-7-213 to permit percentage-based payment arrangements for contracted audit and investigative costs, in addition to the existing hourly rate structure.
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Amends Section 7-7-211 to similarly allow independent specialists or firms contracted by the State Auditor to receive payment as a percentage of recovery for investigative and audit costs related to recovery actions.
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Changes references from "Department" to "Division" of Investigation within the State Department of Audit regarding law enforcement powers and authority.
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Effective date: July 1, 2023.
Legislative Description
State auditor; authorize investigative and audit costs incured by contracted firms to be paid as percentage of recovery.
Last Action
Died In Committee
1/31/2023