Bill

Bill > H0073


ID H0073

ID H0073
Amends, repeals, and adds to existing law to provide for a uniform system of accounting and financial transparency from local governmental entities and education providers.


summary

Introduced
02/01/2021
In Committee
03/04/2021
Crossed Over
02/15/2021
Passed
03/17/2021
Dead
Signed/Enacted/Adopted
03/19/2021

Introduced Session

2021 Regular Session

Bill Summary

LOCAL GOVERNMENT -- Amends, repeals, and adds to existing law to provide for a uniform system of accounting and financial transparency from local governmental entities and education providers.

AI Summary

This bill amends, repeals, and adds to existing law to provide for a uniform system of accounting and financial transparency from local governmental entities and education providers. It establishes a committee on uniform accounting and transparency for local governmental entities to develop, approve, monitor, and revise the uniform accounting, budgeting, and financial reporting system and manual. The state controller is required to create a public website for reporting local governmental entities' and education providers' accounting, budgeting, and financial data to provide leaders, decision-makers, and citizens easy access to search, view, and compare data across the state. The bill also imposes penalties for local governmental entities that fail to comply with the reporting requirements.

Committee Categories

Budget and Finance, Justice

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Revenue and Taxation Committee (House)

Last Action

Reported Signed by Governor on March 18, 2021 Session Law Chapter 89 Effective: 07/01/2021 SECTION 1-4 & 7-21; 01/01/2022 SECTION 5 & 6 (on 03/19/2021)

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