PA 10-172—HB 5391

Appropriations Committee

AN ACT CONCERNING QUASI-PUBLIC AGENCY COMPLIANCE AUDITS

SUMMARY: This act requires the auditors of public accounts to conduct quasi-public agency compliance audits biennially, rather than annually, covering the two preceding fiscal years, rather than the most recent fiscal year only.

By law, the audit must determine whether the quasi-public agency has complied with its regulations concerning (1) affirmative action; (2) personnel practices; (3) goods and services purchases; (4) surplus funds use; and (5) the distribution of loans, grants, and other financial assistance. The auditors submit their report to the governor and the Legislative Program Review and Investigations Committee, which assesses the report's compliance with this law.

EFFECTIVE DATE: July 1, 2010

OLR Tracking: KS: KM: PF: ts