HB1875 Allows state to withhold moneys from political subdivisions until costs of an audit are paid.
Sponsor: Franklin, Richard (53) Effective Date:00/00/0000
CoSponsor: LR Number: 4173L.01P
Last Action: 05/04/2000 - SEE COMMENTS
SCA 1 ADOPTED/ MOTION TO THIRD READ WITHDRAWN
HB1875
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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Available Bill Summaries for HB1875 Copyright(c)
* Perfected * Committee * Introduced

Available Bill Text for HB1875
* Perfected * Committee * Introduced *

BILL SUMMARIES

PERFECTED

HB 1875 -- STATE AUDITOR (Franklin)

This bill allows the State Treasurer to withhold moneys due to
political subdivisions, municipalities, and public bodies and
transfer the moneys to the State Auditor to pay for the cost of
audits performed on such entities.

FISCAL NOTE:  Savings to General Revenue Fund of $30,000 in FY
2001, $3,000 in FY 2002, and $3,000 in FY 2003.


COMMITTEE

HB 1875 -- STATE AUDITOR

SPONSOR:  Franklin

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee
on Fiscal Review by a vote of 9 to 0.

This bill allows the State Treasurer to withhold moneys due to
political subdivisions, municipalities, and public bodies and
transfer the moneys to the State Auditor to pay for the cost of
audits performed on such entities.

FISCAL NOTE:  Savings to General Revenue Fund of $30,000 in FY
2001, $3,000 in FY 2002, and $3,000 in FY 2003.

PROPONENTS:  Supporters say that this bill would allow the State
Auditor to recover delinquent fees from political subdivisions,
municipalities, and public bodies when petitioned to do an
audit.  Currently, there are approximately $100,000 in
delinquent audit fees.

Testifying for the bill were Representative Franklin; and Office
of the State Auditor.

OPPONENTS:  There was no opposition voiced to the committee.

Roland Tackett, Legislative Analyst


INTRODUCED

HB 1875 -- State Auditor

Sponsor:  Franklin

This bill allows the State Treasurer to withhold moneys due to
political subdivisions, municipalities, and public bodies and
transfer such moneys to the State Auditor to pay the Auditor for
the cost of audits performed on such entities.


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