Senate Bill No. 2090 Summary

• Amends the definition of "state agency" to include the state board of higher education and all institutions under its supervision and control for audit purposes.

• Increases the annual receipts threshold for requiring political subdivisions to submit annual reports instead of biennial audits from $300,000 to $750,000.

• Increases the state auditor's hourly fee cap for reviewing annual reports from $80 to $90 per hour for political subdivisions and occupational or professional boards.

• Creates new section 54-10-24.1 authorizing the state auditor and employees to examine local school district records and request information directly from districts when auditing state funding distribution by the department of public instruction.

• Repeals section 54-10-30 regarding audits of the state board of higher education.