OH HB201

Requires the Auditor of State to perform recovery audits once per biennium for state agencies with total expenditures exceeding $25 million during the most recent biennium or current appropriations exceeding $25 million to identify overpayments to vendors.

Defines "overpayment" to include duplicate payments, amounts exceeding required payments, improperly applied late penalties, incorrect shipping costs, state sales taxes, unprovided goods/services, invoice/pricing errors, and amounts failing to reflect proper discounts or comply with purchasing agreements.

Authorizes the Auditor to contract with independent overpayment-recovery-audit consultants to conduct these audits and permits compensation based on a percentage of amounts recovered.

Restricts recovery audits from examining payments made within 180 days of the audit to allow completion of agency internal auditing procedures and requires recovery audit reports be submitted to the Governor, General Assembly, and Attorney General.

Amends section 131.02 to clarify that overpayments discovered and collected by recovery audit consultants under contract are exempt from standard debt collection procedures, except as specified in section 117.69.