H*4868(Rat #0156, Act #0148 of 2018)  General Bill, By G.M. Smith

Similar(S 394, H 3726)
 AN ACT TO AMEND SECTION 9-4-40, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING
 TO THE AUDIT OF THE PUBLIC EMPLOYEE BENEFIT AUTHORITY, SO AS TO CHANGE THE
 DATE THE AUDIT MUST BE COMPLETED. - ratified title

   02/07/18  House  Introduced, read first time, placed on calendar
                     without reference (House Journal-page 60)
   02/08/18  House  Read second time (House Journal-page 16)
   02/08/18  House  Roll call Yeas-115  Nays-0 (House Journal-page 16)
   02/08/18  House  Unanimous consent for third reading on next
                     legislative day (House Journal-page 17)
   02/09/18  House  Read third time and sent to Senate
                     (House Journal-page 1)
   02/13/18  Senate Introduced and read first time (Senate Journal-page 8)
   02/13/18  Senate Referred to Committee on Finance
                     (Senate Journal-page 8)
   03/14/18  Senate Committee report: Favorable Finance
                     (Senate Journal-page 13)
   03/20/18  Senate Read second time (Senate Journal-page 34)
   03/20/18  Senate Roll call Ayes-43  Nays-0 (Senate Journal-page 34)
   03/22/18  Senate Read third time and enrolled (Senate Journal-page 14)
   04/03/18         Ratified R 156
   04/04/18         Signed By Governor
   04/06/18         Effective date 04/04/18
   04/09/18         Act No. 148

(A148, R156, H4868)

AN ACT TO AMEND SECTION 9-4-40, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE AUDIT OF THE PUBLIC EMPLOYEE BENEFIT AUTHORITY, SO AS TO CHANGE THE DATE THE AUDIT MUST BE COMPLETED.

Be it enacted by the General Assembly of the State of South Carolina:

PEBA audit date extension

SECTION    1.    Section 9-4-40 of the 1976 Code, is amended to read:

"Section 9-4-40.    Every four years the State Auditor shall employ a private audit firm to perform a fiduciary audit on the South Carolina Public Employee Benefit Authority. The audit firm must be selected by the State Auditor. A report from the private audit firm must be completed by January 15, 2020, and every four years after that time. Upon completion, the report must be submitted to the Governor, the President Pro Tempore of the Senate, the Speaker of the House of Representatives, the Chairman of the Senate Finance Committee, and the Chairman of the House Ways and Means Committee."

Time effective

SECTION    2.    This act takes effect on July 1, 2018.

Ratified the 3rd day of April, 2018.

Approved the 4th day of April, 2018.