HB 1108

  • Indiana House Bill
  • 2020 Regular Session
  • Introduced in House
  • Passed House Jan 30, 2020
  • Passed Senate Mar 03, 2020
  • Signed by Governor Mar 21, 2020

State board of accounts.

Bill Subjects

Accounts, State Board Of

Abstract

Makes various changes to statutes concerning the state board of accounts (board). Adds a definition of a "responsible officer of an audited entity". Allows the audit committee to determine the amount of the bond for the state examiner, deputy examiners, and field examiners based on applicable risk considerations. Repeals a statute that addresses duties required by law on April 5, 1909. Provides that, for purposes of the risk based examination criteria, the board may perform examinations of certain audited entities more frequently than once every four years if required by a ratings agency that rates debt maintained by such an audited entity. Provides that the board may issue management letters based on professional auditing standards to certain audited entities. Provides that the state examiner, deputy examiner, or field examiner may issue subpoenas to enforce the filing of certain reports. Establishes a procedure governing the examination of certain bodies corporate and politic. Provides that the procedure applies only to a body corporate and politic whose enabling statute does not provide for an audit, examination, or other engagement by the state board of accounts or an independent public accounting firm concerning financial or compliance related matters of the body corporate and politic. Makes changes to statutes establishing the forfeiture of office for the failure to file certain reports, interference with an examiner, and the failure to adopt or use the system of accounting and reporting adopted by the board. Provides that, as an alternative to an order to forfeit office, a court may impose a civil penalty that does not exceed $500 for each day that the public officer or responsible officer continues to violate an obligation with respect to an audit, examination, or other engagement by the board. Specifies that the individual is personally liable for a civil penalty imposed on the individual for such a violation. Provides that the board may collect the expenses from the audited entity that the board incurs in carrying out the audit, examination, or other engagement.

Bill Sponsors (5)

Votes


Actions


Mar 30, 2020

House

Public Law 157

Mar 21, 2020

Office of the Governor

Signed by the Governor

Mar 18, 2020

Senate

Signed by the President of the Senate

Mar 16, 2020

House

Signed by the Speaker

Mar 12, 2020

Senate

Signed by the President Pro Tempore

Mar 11, 2020

Senate

CCR # 1 filed in the Senate

House

Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 392: yeas 92, nays 0

Senate

Rules Suspended. Conference Committee Report 1: adopted by the Senate; Roll Call 395: yeas 43, nays 6

House

CCR # 1 filed in the House

Mar 05, 2020

Senate

Senate advisors appointed: Spartz and Tallian

Senate

Senate conferees appointed: Bassler and Niezgodski

Mar 04, 2020

Senate

Returned to the House with amendments

House

Motion to dissent filed

House

House dissented from Senate amendments

House

House conferees appointed: Lehman and Porter

House

House advisors appointed: Barrett, Negele, Campbell and Hamilton

Mar 03, 2020

Senate

Third reading: passed; Roll Call 285: yeas 47, nays 3

Feb 27, 2020

Senate

Second reading: amended, ordered engrossed

Senate

Amendment #4 (Stoops) failed; voice vote

Senate

Amendment #8 (Bassler) prevailed; voice vote

Feb 24, 2020

Senate

Senator Randolph added as cosponsor

Feb 20, 2020

Senate

Committee report: amend do pass, adopted

Feb 05, 2020

Senate

First reading: referred to Committee on Appropriations

  • Reading-1
  • Referral-Committee
appropriations

Jan 31, 2020

House

Referred to the Senate

Jan 30, 2020

House

Senate sponsors: Senators Bassler and Spartz

House

Third reading: passed; Roll Call 140: yeas 94, nays 0

Jan 29, 2020

House

Amendment #1 (Porter) failed; Roll Call 118: yeas 32, nays 61

House

Second reading: ordered engrossed

Jan 27, 2020

House

Committee report: amend do pass, adopted

Jan 09, 2020

House

Representative Porter added as coauthor

Jan 08, 2020

House

First reading: referred to Committee on Ways and Means

  • Reading-1
  • Referral-Committee
ways and means

House

Authored by Representative Lehman

Bill Text

Bill Text Versions Format
Introduced House Bill (H) PDF
House Bill (S) PDF
House Bill (S) PDF
Engrossed House Bill (H) PDF
Enrolled House Bill (H) PDF

Related Documents

Document Format
Fiscal Note: HB1108.05.ENRS.FN001 PDF
Committee Report: HB1108.04.ENGS.CCS001 PDF
Committee Report: HB1108.04.ENGS.CCH001 PDF
Fiscal Note: HB1108.04.ENGS.FN001 PDF
Fiscal Note: HB1108.04.ENGS.FN002 PDF
Fiscal Note: HB1108.03.COMS.FN001 PDF
Floor Amendment: HB1108.03.COMS.AMS001 PDF
Floor Amendment: HB1108.03.COMS.AMS002 PDF
Floor Amendment: HB1108.03.COMS.AMS003 PDF
Floor Amendment: HB1108.03.COMS.AMS005 PDF
Floor Amendment: HB1108.03.COMS.AMS006 PDF
Floor Amendment: HB1108.03.COMS.AMS007 PDF
Floor Amendment: HB1108.03.COMS.AMS008 PDF
Floor Amendment: HB1108.03.COMS.AMS004 PDF
Committee Report: HB1108.02.COMH.CRS001 PDF
Fiscal Note: HB1108.02.COMH.FN001 PDF
Fiscal Note: HB1108.02.COMH.FN002 PDF
Fiscal Note: HB1108.02.COMH.FN003 PDF
Floor Amendment: HB1108.02.COMH.AMH001 PDF
Committee Amendment: HB1108.02.COMH.AMS06 PDF
Committee Report: HB1108.01.INTR.CRH001 PDF
Fiscal Note: HB1108.01.INTR.FN001 PDF
Committee Amendment: HB1108.01.INTR.AMH02 PDF
Committee Amendment: HB1108.01.INTR.AMH03 PDF

Sources

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