Bill > HB3622

This bill amends the Grant Accountability and Transparency Act to clarify and expand audit requirements for state grants. Specifically, the bill ensures that all subcontractors and subrecipients who receive state grants, whether directly or indirectly, are subject to comprehensive audit provisions. The legislation maintains existing standards set by federal regulations (specifically Subpart F of 2 CFR 200) for fiscal years beginning after December 26, 2014. Under these provisions, grant recipients must keep their books and records available for review by various oversight entities, including the pass-through entity, state agencies, the Auditor General, the Inspector General, and federal oversight bodies like the Government Accountability Office. The Governor's Office of Management and Budget is tasked with adopting rules for auditing grants that might not typically be subject to the Single Audit Act, either because the federal award is less than $750,000 or the subrecipient is considered an exempt entity. The bill aims to enhance transparency and accountability in the distribution and use of state grant funds by ensuring comprehensive and consistent audit practices.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3622&GAID=18&DocTypeID=HB&SessionID=114&GA=104