Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 07, 2016 |
referred to education delivered to assembly passed senate |
Jun 06, 2016 |
ordered to third reading cal.1459 committee discharged and committed to rules |
Mar 31, 2016 |
referred to education |
Senate Bill S7155
2015-2016 Legislative Session
Sponsored By
(R, C, IP, RFM) 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
2015-S7155 (ACTIVE) - Details
2015-S7155 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7155 TITLE OF BILL : An act to amend the education law, in relation to the school district internal audit function PURPOSE : To require school district internal audit risk assessments biennially instead of annually. SUMMARY OF PROVISIONS : Amends section 2116-b subsection 1 of the education law to require internal audit risk assessments biennially instead of annually. JUSTIFICATION : Currently, school districts are required to have internal audits done every year. This includes a risk assessment as well as testing and evaluation of one or more specific areas of district operations. Often, risk assessments can be costly and time-consuming and produce only general results. The intensive review of certain operations is more helpful in identifying specific areas for improvement. This bill would allow districts to have risk assessments every two years, and to conduct specific in depth reviews every year. In this manner they can
2015-S7155 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7155 I N S E N A T E March 31, 2016 ___________ Introduced by Sen. 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 the school district internal audit function THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 2116-b of the education law, as added by chapter 263 of the laws of 2005, is 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 BIENNIAL review and update of such risk assessment; and (c) prepa- ration of reports, at least annually or more frequently as the trustees or board of education may direct, which analyze significant risk assess- ment findings, recommend changes for strengthening controls and reducing identified risks, and specify timeframes for implementation of such recommendations. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14877-01-6
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.