Bill > LB228

This bill updates several provisions of the Legislative Performance Audit Act, primarily focusing on tax incentive performance audits and the operations of the Legislative Performance Audit Committee. The bill makes several key changes, including updating references to the Government Auditing Standards from the 2018 to the 2024 revision, modifying definitions of terms like "working papers" to include planning documents, and adjusting requirements for tax incentive performance audits. The bill expands the definition of what constitutes a performance audit and clarifies the committee's composition, including adding non-voting members from the Revenue Committee for tax incentive performance audits. It also provides more flexibility in reporting requirements, changing language from "shall" to "may" for presenting tax incentive performance audit reports at joint committee hearings. Additionally, the bill adds protections for working papers and correspondence between the audit office and audited agencies by explicitly stating that these documents are not subject to public records requests. The changes aim to improve the transparency, efficiency, and effectiveness of legislative performance audits in Nebraska, with a particular emphasis on evaluating the impact of tax incentive programs on the state's economic development.

Government Affairs

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59420