summary
Introduced
01/14/2025
01/14/2025
In Committee
01/14/2025
01/14/2025
Crossed Over
Passed
Dead
Introduced Session
126th General Assembly
Bill Summary
Amend The South Carolina Code Of Laws By Amending Section 11-7-20, Relating To Annual Audits Of State Agencies And Other Publicly Funded Entities By The State Auditor, So As To Provide The State Auditor Also Shall Annually Audit Each County, County Agency And Office, Municipality, Municipal Agency And Office, Judicial Office, And School District; By Repealing Section 4-9-150 Relating To County Audits; By Repealing Section 5-7-240 Relating To Municipal Audits; By Repealing Section 59-17-100 Relating To School District Audit Reports; And By Repealing Section 11-7-25 Relating To Period Audits Of Certain County And Municipal Offices By The State Auditor.
AI Summary
This bill amends South Carolina law to expand the State Auditor's annual audit responsibilities to comprehensively cover all public entities receiving state funding. Specifically, the bill requires the State Auditor to annually audit state agencies, counties, county agencies and offices, municipalities, municipal agencies and offices, judicial offices, and school districts that are supported partially or entirely by public funds. The legislation repeals several existing statutes related to county, municipal, and school district audits (Sections 4-9-150, 5-7-240, 59-17-100, and 11-7-25), effectively consolidating audit oversight under the State Auditor's purview. By centralizing the audit process, the bill aims to create a more standardized and consistent approach to financial oversight for public entities in South Carolina. The changes will take effect immediately upon the Governor's approval, providing the State Auditor with a broader mandate to ensure fiscal transparency and accountability across various levels of government and public institutions.
Committee Categories
Justice
Sponsors (2)
Last Action
Referred to Committee on Judiciary (on 01/14/2025)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.scstatehouse.gov/billsearch.php?billnumbers=3485&session=126&summary=B |
| BillText | https://www.scstatehouse.gov/sess126_2025-2026/prever/3485_20241205.htm |
Loading...