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Senate Bill 1569 |
Senate Author: Williams |
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Effective: 6-17-05 |
House Sponsor: Smith, Todd |
Senate Bill 1569 amends the Government Code to require the comptroller to contract with one or more consultants to conduct recovery audits of payments made by state agencies to vendors and to recommend improvements for state agency accounting. The bill enumerates authorized contract provisions and provides for the handling of confidential information by a contractor. The bill requires recovery audits of agencies with more than $100 million during a biennium in vendor expenditures; however, the comptroller is authorized to exempt agencies with a low proportion of expenditures made to vendors. The bill requires agencies to use recovered money to pay the audit consultant responsible for the recovery and to return or expend recovered federal money according to the rules of the federal program through which the agency received the money. The bill requires the comptroller to forward the audit reports to the governor, the state auditor's office, and the Legislative Budget Board and to issue a summary report to the legislature on a biennial basis.