By Keel H.B. No. 1220 76R2238 JD-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the exception to disclosure under the public 1-3 information law of audit working papers and draft audit reports. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Section 552.116, Government Code, is amended to 1-6 read as follows: 1-7 Sec. 552.116. EXCEPTION: AUDIT WORKING PAPERS. (a) An 1-8 audit working paper or draft audit report of the state auditor or 1-9 of another state agency or institution of higher education as 1-10 defined by Section 61.003, Education Code, is excepted from the 1-11 requirements of Section 552.021. 1-12 (b) An audit working paper or draft audit report of an 1-13 auditor of a political subdivision of this state is excepted from 1-14 the requirements of Section 552.021 if the audit is conducted in 1-15 accordance with generally accepted auditing standards as prescribed 1-16 by the American Institute of Certified Public Accountants, the 1-17 Governmental Accounting Standards Board, the United States General 1-18 Accounting Office, or another professionally recognized entity that 1-19 prescribes auditing standards. 1-20 SECTION 2. The importance of this legislation and the 1-21 crowded condition of the calendars in both houses create an 1-22 emergency and an imperative public necessity that the 1-23 constitutional rule requiring bills to be read on three several 1-24 days in each house be suspended, and this rule is hereby suspended, 2-1 and that this Act take effect and be in force from and after its 2-2 passage, and it is so enacted.