Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 11, 2012 |
referred to education delivered to assembly passed senate |
May 30, 2012 |
advanced to third reading |
May 23, 2012 |
2nd report cal. |
May 22, 2012 |
1st report cal.863 |
Jan 04, 2012 |
referred to education returned to senate died in assembly |
Jun 14, 2011 |
referred to education delivered to assembly passed senate |
May 16, 2011 |
advanced to third reading |
May 11, 2011 |
2nd report cal. |
May 10, 2011 |
1st report cal.567 |
Apr 06, 2011 |
referred to education |
Senate Bill S4486
2011-2012 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(R, C, IP) Senate District
(R, C, IP) Senate District
(R, C, IP) Senate District
(R, C) Senate District
2011-S4486 (ACTIVE) - Details
2011-S4486 (ACTIVE) - Sponsor Memo
BILL NUMBER:S4486 TITLE OF BILL: An act to amend the education law, in relation to extending provisions for internal audits by school districts from annually to every five years PURPOSE OR GENERAL IDEA OF BILL: To reduce the duplicative and onerous requirement of both internal and external annual audits. SUMMARY OF SPECIFIC PROVISIONS: Section 1 - amends subdivisions one and seven of section 2116-b of the Education Law, as added by Chapter 263 of the Laws of 2005 to change the requirement mandated by this section for school districts to perform internal audits annually to require such audit every five years. Section 2 - provides that this act shall become effective take effect on the first day of July next succeeding the date on which it shall have become law. JUSTIFICATION: School districts are required by Education Law 2116-a to obtain annual external audits. The requirement that they also perform an internal audit each year, essentially duplicating the same
2011-S4486 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4486 2011-2012 Regular Sessions I N S E N A T E April 6, 2011 ___________ Introduced by Sens. RANZENHOFER, BONACIC, DeFRANCISCO, JOHNSON, LARKIN, SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Education AN ACT to amend the education law, in relation to extending provisions for internal audits by school districts from annually to every five years THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions 1 and 7 of section 2116-b of the education law, as added by chapter 263 of the laws of 2005, are amended to read as follows: 1. No later than July first, two thousand six, each school district shall establish an internal audit function to be in operation no later than the following December thirty-first. Such function shall include: (a) development of a risk assessment of district operations, including but not limited to, a review of financial policies and procedures and the testing and evaluation of district internal controls; (b) [an annu- al] A review and update of such risk assessment; and (c) preparation of reports[, at least annually or more frequently as the trustees or board of education may direct,] which analyze significant risk assessment findings, recommend changes for strengthening controls and reducing identified risks, and specify timeframes for implementation of such recommendations. AUDITS PERFORMED PURSUANT TO THIS SECTION SHALL BE COMPLETED EVERY FIVE YEARS. 7. Nothing in this section shall be construed as requiring a school district in any city with a population of one hundred twenty-five thou- sand or more to replace or modify an existing internal audit function where such function already exists by special or local law, so long as the superintendent of the district [annually] certifies to the commis- sioner that the existing internal audit function meets or exceeds the requirements of this section; PROVIDED, HOWEVER, NOTWITHSTANDING ANY EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10573-01-1
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