GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2013

S                                                                                                                                                     1

SENATE BILL 354*

 

 

Short Title:        Revise Auditor's Responsibilities.-AB

(Public)

Sponsors:

Senator J. Davis (Primary Sponsor).

Referred to:

Pensions & Retirement and Aging.

March 20, 2013

A BILL TO BE ENTITLED

AN ACT to revise the responsibilities of the state auditor by removing the state auditor from ex officio membership on the committee on actuarial valuation of retired employees' health benefits and making the attorney general a member of the committee instead, by solidifying the state auditor's role in auditing schools in the university of north carolina system and by eliminating the mandatory response time for an auditee of a performance audit.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 135-48.12 reads as rewritten:

"(b)      The Committee on Actuarial Valuation of Retired Employees' Health Benefits shall consist of five members serving ex officio, as follows:

(1)        The State Budget Officer, who shall serve as the Chair;

(2)        The State Auditor;The Attorney General;

(3)        The State Controller;

(4)        The State Treasurer; and

(5)        The Executive Administrator for the State Health Plan for Teachers and State Employees."

SECTION 2.  G.S. 116-30.8 reads as rewritten:

"§ 116-30.8.  Special responsibility constituent institutions: annual audit by State Auditor or certified public accountant.Auditor.

Each special responsibility constituent institution shall be audited annually.annually by the State Auditor.The Chancellor of the special responsibility constituent institution may use State funds to contract with the State Auditor or with a certified public accountant to perform the audit. The contract for audit services may be for up to three years in duration. The audit shall be provided to the Chancellor and Board of Trustees of the special responsibility institution, and the Board of Governors of The University of North Carolina, and the State Auditor.Carolina. The audit shall also be included in the State's Comprehensive Annual Financial Report (CAFR).

The Board of Governors of The University of North Carolina shall ensure that all special responsibility constituent institutions are audited in accordance with this section."

SECTION 3.  G.S. 147-64.6(c) reads as rewritten:

"(c)       The Auditor shall be responsible for the following acts and activities:

(13)      At the conclusion of an audit, the Auditor or his designated representative shall discuss the audit with the official whose office is subject to audit and submit necessary underlying facts developed for all findings and recommendations which may be included in the audit report. On audits of economy and efficiency and program results, the auditee's written response shall be included in the final report if received within 30 days from receipt of the draft report."

.…"

SECTION 4.  This act becomes effective July 1, 2013.