Download This Bill in Microsoft Word format
Indicates Matter Stricken
Indicates New Matter
Sponsors: Senators Campsen and Bryant
Document Path: l:\s-res\gec\011bcbt.hm.gec.docx
Introduced in the Senate on January 8, 2013
Currently residing in the Senate Committee on Finance
Summary: Budget and Control Board Transparency and Accountability Act
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/13/2012 Senate Prefiled 12/13/2012 Senate Referred to Committee on Finance 1/8/2013 Senate Introduced and read first time (Senate Journal-page 52) 1/8/2013 Senate Referred to Committee on Finance (Senate Journal-page 52)
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO ENACT THE "SOUTH CAROLINA BUDGET AND CONTROL BOARD TRANSPARENCY AND ACCOUNTABILITY ACT"; TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 1-11-21 TO PROVIDE THAT THE LEGISLATIVE AUDIT COUNCIL SHALL PERFORM FISCAL AUDITS AND MANAGEMENT AND PERFORMANCE AUDITS OF THE VARIOUS OFFICES OR DIVISIONS OF THE STATE BUDGET AND CONTROL BOARD ON A ROTATING AND CONTINUING SCHEDULE BEGINNING WITH FISCAL YEAR 2012-2013.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. This act may be cited as the "South Carolina Budget and Control Board Transparency and Accountability Act".
SECTION 2. Article 1, Chapter 11, Title 1 of the 1976 Code is amended by adding:
"Section 1-11-21. (A) The Legislative Audit Council shall perform a fiscal audit and a management and performance audit of the below named offices or divisions of the State Budget and Control Board according to the following schedule:
(1) Fiscal year 2012-2013: Office of Executive Director; General Services Division; Division of State Information Technology;
(2) Fiscal year 2013-2014: Budget and Analyses Division; Procurement Services Division; Internal Audit and Performance Review Division;
(3) Fiscal year 2014-2015: Insurance and Grants Services Division; State Auditor's Office; Board of Economic Advisors;
(4) Fiscal year 2015-2016: State Retirement System; Office of Internal Operations; Aeronautics Commission.
(B) The audit schedule for each group of offices or divisions must be maintained on a four-year rotating basis.
(C) The Legislative Audit Council shall begin its audits of the offices or divisions identified beginning on the first day of July of the applicable fiscal year and shall render its report to the Governor, and each house of the General Assembly by the end of that fiscal year after extending to the offices or divisions concerned the opportunity for review and comment on the audit which must be included in the Legislative Audit Council's final report."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on Thursday, February 28, 2013 at 3:49 P.M.