TO: | Honorable Rodney Ellis, Chair, Senate Committee on Government Organization |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB3024 by Casteel (Relating to increasing governmental efficiency through the reduction of duplicative reporting and auditing requirements.), As Engrossed |
The bill would require a state agency to accept the independent audit of a local government if it was performed by a certified public accountant in accordance with generally accepted governmental auditing practices and the standards of the Governmental Accounting Standards Board. The bill would require the State Auditor to report to the Governor and the Legislature each biennium on state agency compliance with the bill.
This bill would take effect immediately upon enactment, assuming that it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2003.
It is anticipated that any additional costs could be absorbed within the agencies' current resources.
Source Agencies: | 304 Comptroller of Public Accounts, 308 State Auditor's Office, 477 Commission on State Emergency Communications, 501 Department of Health, 529 Health and Human Services Commission, 582 Commission on Environmental Quality, 601 Department of Transportation, 696 Department of Criminal Justice
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LBB Staff: | JK, GO, MS
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