Bill Title: Amends the Governor's Office of Management and Budget Act. Creates the Annual Comprehensive Financial Report Internal Control Unit. Provides that the ACFR Internal Control Unit may develop policies, plans, and programs to be used by the Office for the coordination of the financial audit and may advise and assist State agencies in improving internal controls related to the State's financial statements and reporting. Provides that the ACFR Internal Control Unit is authorized to direct State agencies under the jurisdiction of the Governor in the adoption of internal control procedures and documentation necessary to address internal control deficiencies or resolve ACFR audit findings, and to direct implementation of such corrective actions. Requires each State agency under the jurisdiction of the Governor to furnish to the Office of Management and Budget such information as the Office may from time to time require. Provides that the Director or any duly authorized employee of the Office of Management and Budget shall, for the purpose of securing such information, have access to, and the right to examine and receive a copy of all documents, papers, reports, or records of any State agency under the jurisdiction of the Governor to assist in carrying out the Office's responsibilities under the provisions. Amends the Mental Health and Developmental Disabilities Code, the Motor Fuel Tax Law, and the Workers' Compensation Act. Deletes provisions requiring the Auditor General to conduct certain audits. Repeals a provision concerning annual audits. Effective immediately.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Engrossed) 2024-05-08 - Placed on Calendar Order of 3rd Reading May 8, 2024 [HB5513 Detail]

Text: Latest bill text (Engrossed) [HTML]

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