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H. 3576

STATUS INFORMATION

General Bill
Sponsors: Rep. McDaniel
Document Path: l:\council\bills\sm\20178sa21.docx

Introduced in the House on January 12, 2021
Currently residing in the House Committee on Ways and Means

Summary: Annual audits, state agencies

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  12/16/2020  House   Prefiled
  12/16/2020  House   Referred to Committee on Ways and Means
   1/12/2021  House   Introduced and read first time (House Journal-page 244)
   1/12/2021  House   Referred to Committee on Ways and Means 
                        (House Journal-page 244)

View the latest legislative information at the website

VERSIONS OF THIS BILL

12/16/2020

TO AMEND SECTION 11-7-20, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE ANNUAL AUDITS OF STATE AGENCIES, SO AS TO PROVIDE THAT ANY ENTITY THAT IS ELIGIBLE TO PARTICIPATE IN THE SOUTH CAROLINA RETIREMENT SYSTEM SHALL CONTRACT ANY REQUIRED INDEPENDENT ANNUAL AUDITS THROUGH THE STATE AUDITOR.

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

SECTION    1.        Section 11-7-20 of the 1976 Code is amended by adding an appropriately lettered subsection to read:

    "( )    In addition to the agencies and entities described in subsection (A), any political subdivision of this State, including school districts, and any entity that is eligible to participate in the South Carolina Retirement System, pursuant to Chapter 1, Title 9, shall contract any required independent annual audits through the State Auditor. The same auditor may not audit an entity for more than four years."

SECTION    2.    This act takes effect upon approval by the Governor.

This web page was last updated on January 26, 2021 at 2:11 PM