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OK HB1741

Bill

Official Source

Status

Engrossed

3/5/2015

Primary Sponsor

Dan Newberry

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Creates the State Agency Audit Act, codified as Sections 11001-11002 of Title 74, Oklahoma Statutes
  • Requires strict compliance with competitive bidding requirements under The Oklahoma Central Purchasing Act for all state agencies and political subdivisions that audit or assess third parties
  • Prohibits contracts between state agencies or political subdivisions and third-party audit providers if payment includes a percentage, commission, or contingency fee based on property recovered
  • Limits audit service contracts between state agencies and third-party entities to a maximum of 2 years
  • Becomes effective November 1, 2015

Legislative Description

State government; creating the State Agency Audit Act; prohibiting certain contracts; effective date.

Government

Last Action

Referred to Appropriations

4/6/2015

Committee Referrals

Appropriations4/6/2015
General Government3/17/2015
Government Oversight and Accountability2/3/2015

Full Bill Text

No bill text available