|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Mar 08, 2019||referred to education|
assembly Bill A6508
Current Bill Status - In Assembly Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
A6508 (ACTIVE) - Details
A6508 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6508 2019-2020 Regular Sessions I N A S S E M B L Y March 8, 2019 ___________ Introduced by M. of A. THIELE -- read once and referred 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. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10451-01-9
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