summary
Introduced
02/20/2025
02/20/2025
In Committee
05/07/2025
05/07/2025
Crossed Over
04/01/2025
04/01/2025
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
An act to amend Section 27061 of the Government Code, relating to local government finance.
AI Summary
This bill modifies an existing law regarding the financial reporting requirements for county treasurers in California. Currently, county treasurers are required to settle their financial accounts with the county auditor at least monthly, and when requested, provide a detailed settlement of cash receipts and disbursements from the previous calendar month. The existing law mandates that this settlement must be submitted within 10 business days of receiving the auditor's request. The bill proposes to extend this timeline from 10 to 12 business days, giving county treasurers slightly more time to compile and submit their financial settlement documents. This minor change provides county treasurers with a bit more flexibility in preparing their monthly financial reports while maintaining the core requirement of regular and transparent financial reporting to the county auditor.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Referred to Com. on L. GOV. (on 05/07/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB1030 |
| BillText | https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202520260AB1030#99INT |
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