Political subdivisions, certain; audits. (HB1075)

Introduced By

Del. Chris Jones (R-Suffolk)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Audits of certain political subdivisions. Provides that certain audit requirements shall not apply to a town with a population of less than 3,500 that does not have a separate school division for any fiscal year during which such town's financial transactions did not exceed the sum of $25,000. However, the Auditor of Public Accounts may require an audit if he deems it to be necessary to determine the propriety of the entity's financial transactions. The bill also provides that no audit shall be required for certain political subdivisions, the members of whose governing body are not elected by popular vote, for any fiscal year during which such entity's financial transactions did not exceed the sum of $25,000. The current threshold is $5,000. Amends § 15.2-2511, § 30-140, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/08/2014Committee
01/08/2014Presented and ordered printed 14103169D
01/08/2014Referred to Committee on Counties, Cities and Towns
01/14/2014Impact statement from DPB (HB1075)
01/15/2014Assigned CC & T sub: Subcommittee #1
01/23/2014Impact statement from DPB (HB1075)
01/29/2014Subcommittee recommends reporting (10-Y 0-N)
01/31/2014Reported from Counties, Cities and Towns (22-Y 0-N) (see vote tally)
02/03/2014Read first time
02/04/2014Read second time and engrossed
02/05/2014Read third time and passed House BLOCK VOTE (95-Y 0-N)
02/05/2014VOTE: BLOCK VOTE PASSAGE (95-Y 0-N) (see vote tally)
02/06/2014Constitutional reading dispensed
02/06/2014Referred to Committee on Local Government
02/25/2014Reported from Local Government with amendments (14-Y 0-N)
02/27/2014Constitutional reading dispensed (39-Y 0-N)
02/28/2014Read third time
02/28/2014Reading of amendments waived
02/28/2014Committee amendments agreed to
02/28/2014Engrossed by Senate as amended
02/28/2014Passed Senate with amendments (40-Y 0-N)
03/03/2014Placed on Calendar
03/04/2014Senate amendments agreed to by House (100-Y 0-N)
03/04/2014VOTE: ADOPTION (100-Y 0-N) (see vote tally)
03/06/2014Enrolled
03/06/2014Bill text as passed House and Senate (HB1075ER)
03/06/2014Signed by Speaker
03/07/2014Impact statement from DPB (HB1075ER)
03/09/2014Signed by President
04/03/2014G Approved by Governor-Chapter 509 (effective 7/1/14)
04/03/2014G Acts of Assembly Chapter text (CHAP0509)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 2 minutes.