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NC H542

Bill

Official Source

Status

Introduced

4/1/2015

Primary Sponsor

William Brawley

Click for details

Origin

House of Representatives

2015-2016 Session

AI Summary

  • Removes the July 1, 2015 expiration date on restrictions prohibiting cities and counties from renewing contingency fee-based contracts for audit or assessment services
  • Makes permanent the prohibition against cities and counties assigning further audits on a contingency fee basis to auditing firms under discretionary contracts that would have been prohibited after July 1, 2013
  • Aligns the language for state-level (Treasurer) and local government restrictions on contingent fee audits by removing sunset provisions
  • Effective upon enactment of the legislation

Legislative Description

Modify Sunset Re: Contingent Audits

Last Action

Ref to the Com on Local Government, if favorable, Finance

4/6/2015

Committee Referrals

Local Government4/6/2015

Full Bill Text

No bill text available