2014 -- H 7659

========

LC004166

========

     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2014

____________

A N   A C T

RELATING TO EDUCATION - SCHOOL FUNDS AND PROPERTY - DEPARTMENT

AUDIT

     

     Introduced By: Representatives Winfield, Corvese, Marshall, and Hull

     Date Introduced: February 27, 2014

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

1

     SECTION 1. Chapter 16-9 of the General Laws entitled "School Funds and Property" is

2

hereby amended by adding thereto the following section:

3

     16-9-1.1. School department audit. -- Each school department in the state shall have an

4

audit conducted every ten (10) years. The cost of the audit is to be paid by the state, but when

5

savings are realized as a result of the audit, the school department shall reimburse the state for the

6

cost of the audit up to the savings resulting from the audit.

7

     SECTION 2. This act shall take effect upon passage.

========

LC004166

========

 

EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO EDUCATION - SCHOOL FUNDS AND PROPERTY - DEPARTMENT

AUDIT

***

1

     This act would mandate each school department undergo an audit every ten (10) years.

2

     This act would take effect upon passage.

========

LC004166

========

 

LC004166 - Page 2 of 2