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SC S0253

Joint Resolution

Status

Passed

6/5/2025

Primary Sponsor

Harvey Peeler

Click for details

Origin

Senate

126th General Assembly

AI Summary

  • Redirects funding previously appropriated to the Office of the State Treasurer for Audit Support to the Department of Administration to hire an independent compliance consultant

  • Requires the State Treasurer, Comptroller General, and State Auditor offices to implement recommendations from the AlixPartners forensic accounting report that do not require statutory changes, with Department of Administration oversight

  • Mandates monthly written progress reports starting no later than March 31, 2025 to the Governor, legislative leadership, and the independent compliance monitor

  • Requires submission of a detailed implementation timeline within 90 days of the joint resolution's effective date, with full implementation of non-statutory recommendations expected within one year

  • The independent compliance monitor must provide a comprehensive final report to the Joint Bond Review Committee within one year, and procurements under this resolution are exempt from the South Carolina Procurement Code

Legislative Description

Audit Support

Last Action

Act No. 72

6/5/2025

Committee Referrals

Finance1/21/2025

Full Bill Text

No bill text available