SB 1437 Summary

• Directs the Office of the State Auditor and Inspector to conduct detailed audits covering the five-year period preceding the bill's effective date on the Construction Industry Board and the Department of Labor, including all their divisions, boards, and entities.

• Requires audit results to be reported to the President Pro Tempore of the Senate, Speaker of the House, relevant legislative committee chairs, and the Governor.

• Mandates completion and submission of audit reports by January 1, 2015.

• Declares an emergency, making the act effective immediately upon passage and approval rather than waiting for the standard July 1, 2014 effective date.