HB 210 Summary

• Establishes new oversight procedures for "custodial accounts" held by county agencies and elected officials that contain funds, securities, or assets not required to be held by the county treasurer or in the county treasury.

• Requires county agencies and officials to notify the county auditor at least 30 days before establishing a custodial account and obtain board of county commissioners approval if the board establishes that requirement by resolution.

• Mandates monthly account statements be filed with the county auditor within 30 days and annual reports by January 31st; auditors may request custodial account documents with a 30-day response requirement.

• Amends sections 325.071 and 325.12 to require sheriffs and prosecutors to file annual reports on custodial accounts and forfeiture funds before receiving certain allowance payments.

• Modifies section 2981.13 regarding law enforcement trust funds created from forfeited property, requiring written internal control policies and annual reporting to appropriate entities on fund expenditures.