Bill Title: Creates the External Auditing and Standards Board Act. Provides that the Board shall consist of 8 members, and sets forth the membership of the Board. Provides that the Board shall assist the Legislative Audit Commission, the Office of the Auditor General, and the Governor in improving the timeliness, transparency, and process of financial reporting by State agencies. Provides that the Board has certain powers, including the power to suspend or dismiss an internal auditor of any State agency who is deemed unqualified by the Board based on current best practices and qualifications. Requires the Board to develop a certification program for all internal and external auditors. Requires the Board to submit certain reports to the Governor, the General Assembly, and the State agency.

Spectrum: Slight Partisan Bill (Democrat 5-3)

Status: (Passed) 2012-08-23 - Public Act . . . . . . . . . 97-1055 [SB3794 Detail]

Text: Latest bill text (Chaptered) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Concurrence in Senate	2012-05-31	59	0	0	0	59	Passed	Link	View
Senate	Concurrence in Senate	2012-05-31	59	0	0	0	59	Passed	Link	View
House	Third Reading in House	2012-05-30	116	0	2	0	118	Passed	Link	View
Senate	Third Reading in Senate	2012-03-29	40	10	9	0	59	Passed	Link	View

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