OH HB6

Creates a new "agreed-upon procedure audit" option for qualifying political subdivisions with annual budgeted expenditures not exceeding $5 million, allowing them to use simplified audits instead of traditional full audits.

Eligible subdivisions must meet specific criteria including no fiscal emergency status, no annual audit requirement under federal law, clean audit history, and stable fiscal officer tenure during the audit period.

Permits eligible subdivisions to have two consecutive agreed-upon procedure audits followed by one traditional audit under sections 117.11 or 117.12.

Eliminates the Auditor of State's previous exemption from filing rule summaries and fiscal analyses with proposed rules, requiring compliance with section 111.15 filing requirements like all other state agencies.

Amends audit provisions in sections 117.11, 117.12, 117.16, 117.20, and 127.18 and enacts new section 117.114 to establish the agreed-upon procedure audit framework and associated requirements.