2013-2014 Bill 55: Budget and Control Board Transparency and Accountability Act - South

South Carolina General Assembly

120th Session, 2013-2014

S.55

STATUS INFORMATION

General Bill

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

DateBodyAction Description with journal page number

12/13/2012SenatePrefiled

12/13/2012SenateReferred to Committee on Finance

1/8/2013SenateIntroduced and read first time (Senate Journalpage52)

1/8/2013SenateReferred to Committee on Finance(Senate Journalpage52)

VERSIONS OF THIS BILL

12/13/2012

A 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 11121 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 20122013.

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

SECTION1.This act may be cited as the “South Carolina Budget and Control Board Transparency and Accountability Act”.

SECTION2.Article 1, Chapter 11, Title 1 of the 1976 Code is amended by adding:

“Section 11121.(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 20122013: Office of Executive Director; General Services Division; Division of State Information Technology;

(2)Fiscal year 20132014: Budget and Analyses Division; Procurement Services Division; Internal Audit and Performance Review Division;

(3)Fiscal year 20142015: Insurance and Grants Services Division; State Auditor’s Office; Board of Economic Advisors;

(4)Fiscal year 20152016: 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 fouryear 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.”

SECTION2.This act takes effect upon approval by the Governor.

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