NC H974

Establishes a specific list of 56 occupational licensing boards subject to financial reporting requirements, replacing the previous general definition.

Requires all occupational licensing boards to conduct annual financial audits complying with Generally Accepted Government Auditing Standards and submit them to the State Auditor, State Controller, Office of State Budget and Management, and Joint Legislative Administrative Procedure Oversight Committee by October 31 each year.

Directs the State Controller to develop and prescribe a uniform format for financial audit reports, including specific categories, line items, and accounting methods, effective for the 2019-2020 fiscal year.

Establishes a July 1 to June 30 fiscal year for all occupational licensing boards, effective July 1, 2019.

Adds new reporting requirements for occupational licensing boards, including total number of licensees supervised, number of complaints received, and number of disciplinary actions taken.