Bill > LD1303

This bill amends the laws governing the qualifications and selection of the State Auditor in Maine. The bill modifies the requirements for becoming and maintaining the position of State Auditor by establishing that a person elected to the role must now hold a certification related to accounting, auditing, financial analysis, or have a degree in business or finance from an accredited postsecondary institution. The time frame for obtaining required professional qualifications has been reduced from 9 months to 2 years after being sworn into office, and the consequences for failing to obtain these qualifications have been slightly modified. The bill also clarifies the process for filling vacancies in the State Auditor's office, specifying that the deputy auditor will perform administrative and statutory duties until a new appointment is made. Additionally, the bill removes previous language specifying detailed experience requirements and instead focuses on professional certification and educational credentials. The legislation maintains the fundamental structure of the State Auditor being elected by the Legislature for a 4-year term and being responsible for leading the Office of the State Auditor.

Government Affairs

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=1303&snum=132