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ND HB1060
Bill
Status
Introduced
1/4/2011
Primary Sponsor
Unknown
AI Summary
- Modifies reporting requirements for centers of excellence receiving funds under North Dakota Century Code chapter 15-69-05
- Replaces mandatory annual audits with a flexible audit schedule: full audits required only at the halfway point and end of postaward monitoring
- Requires independent accountant agreed-upon procedures engagements for all other years during postaward monitoring instead of annual audits
- Centers may use distributed funds to pay for required audits and must provide the commission with information necessary for postaward monitoring
- Eliminates the requirement to report to the board, foundation, and budget section of legislative management, reporting only to the commission
Legislative Description
The reporting requirements of a center of excellence.
Last Action
Second reading, failed to pass, yeas 0 nays 93
2/22/2011
Committee Referrals
Appropriations1/4/2011
Full Bill Text
No bill text available