Reference is to the bill as introduced.
Amend the bill, as and if amended, page 1, beginning on line 23, by striking Section 2-15-50, as contained in SECTION 1 AND INSERTING:
/ " Section
2-15-50. For the purpose of this chapter
"state agencies" means all officers, departments,
boards, commissions, institutions, universities, colleges,
school districts, bodies politic and corporate of the
State and any other person or any other administrative unit of
state government or corporate outgrowth of state government,
expending or encumbering state funds by virtue of an
appropriation from the General Assembly, or handling money on
behalf of the State, or holding any trust funds from any source
derived, but does not mean or include counties.
For the purposes of this chapter,
"audit" means a full-scope examination of and
investigation into all state agency matters necessary to make a
determination of:
(a)(1) whether the
entity is acquiring, protecting, and using its resources, such
as personnel, property, and space, economically and
efficiently;
(2) the causes of
inefficiencies or uneconomical practices; and
(3) whether the entity
has complied with laws and regulations concerning matters of
economy and efficiency; and
(b)(1) the extent to
which the desired results or benefits established by the General
Assembly or other authorizing body are achieved;
(2) the effectiveness
of organizations, programs, activities, or functions and whether
these organizations, programs, activities, or functions should
be continued, revised, or eliminated; and
(3) whether the entity
has complied with laws and regulations applicable to the
program.
When the Legislative Audit Council is
requested to conduct an audit in the manner authorized by law,
the audit must be completed and copies must be furnished to the
relevant parties by the conclusion of the fiscal year following
the fiscal year when the request was made unless, before the
deadline, the Audit Council explains in writing to the
requesting parties legitimate reasons why the audit cannot be
completed during this time frame."
/
Renumber sections to conform.
Amend title to conform.