California 2023-2024 Regular Session

California Assembly Bill AB2398 Latest Draft

Bill / Amended Version Filed 05/16/2024

                            Amended IN  Assembly  May 16, 2024 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 2398Introduced by Assembly Members Kalra and CervantesFebruary 12, 2024 An act to add Section 89045.5 to the Education Code, relating to the California State University. LEGISLATIVE COUNSEL'S DIGESTAB 2398, as amended, Kalra. California State University: audits.Existing law establishes the California State University and its various campuses under the administration of the Trustees of the California State University. Existing law requires the trustees to establish an internal audit staff with prescribed duties, including auditing, reviewing, cost and systems analysis, analyzing, and recommending operating procedures for the university. Existing law also requires the universitys internal audit staff to perform audits, at least once every 5 years, of the activities of the university, as provided.This bill would require an external financial audit of each campus of the California State University to be conducted at least once every 3 years. by January 1, 2028. The bill would also require all audits of the California State University or any of its campuses, including audits conducted by the universitys internal audit staff, to be available to the public.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: YES  Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 89045.5 is added to the Education Code, to read:89045.5. (a) Notwithstanding any other law or financial audit of the California State University, an external financial audit of each campus of the California State University shall be conducted at least once every three years. by January 1, 2028.(b) All audits of the California State University or any campus of the California State University, including audits conducted pursuant to Section 89045 and audits conducted pursuant to subdivision (a), shall be available to the public.

 Amended IN  Assembly  May 16, 2024 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 2398Introduced by Assembly Members Kalra and CervantesFebruary 12, 2024 An act to add Section 89045.5 to the Education Code, relating to the California State University. LEGISLATIVE COUNSEL'S DIGESTAB 2398, as amended, Kalra. California State University: audits.Existing law establishes the California State University and its various campuses under the administration of the Trustees of the California State University. Existing law requires the trustees to establish an internal audit staff with prescribed duties, including auditing, reviewing, cost and systems analysis, analyzing, and recommending operating procedures for the university. Existing law also requires the universitys internal audit staff to perform audits, at least once every 5 years, of the activities of the university, as provided.This bill would require an external financial audit of each campus of the California State University to be conducted at least once every 3 years. by January 1, 2028. The bill would also require all audits of the California State University or any of its campuses, including audits conducted by the universitys internal audit staff, to be available to the public.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: YES  Local Program: NO 

 Amended IN  Assembly  May 16, 2024

Amended IN  Assembly  May 16, 2024

 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION

 Assembly Bill 

No. 2398

Introduced by Assembly Members Kalra and CervantesFebruary 12, 2024

Introduced by Assembly Members Kalra and Cervantes
February 12, 2024

 An act to add Section 89045.5 to the Education Code, relating to the California State University. 

LEGISLATIVE COUNSEL'S DIGEST

## LEGISLATIVE COUNSEL'S DIGEST

AB 2398, as amended, Kalra. California State University: audits.

Existing law establishes the California State University and its various campuses under the administration of the Trustees of the California State University. Existing law requires the trustees to establish an internal audit staff with prescribed duties, including auditing, reviewing, cost and systems analysis, analyzing, and recommending operating procedures for the university. Existing law also requires the universitys internal audit staff to perform audits, at least once every 5 years, of the activities of the university, as provided.This bill would require an external financial audit of each campus of the California State University to be conducted at least once every 3 years. by January 1, 2028. The bill would also require all audits of the California State University or any of its campuses, including audits conducted by the universitys internal audit staff, to be available to the public.

Existing law establishes the California State University and its various campuses under the administration of the Trustees of the California State University. Existing law requires the trustees to establish an internal audit staff with prescribed duties, including auditing, reviewing, cost and systems analysis, analyzing, and recommending operating procedures for the university. Existing law also requires the universitys internal audit staff to perform audits, at least once every 5 years, of the activities of the university, as provided.

This bill would require an external financial audit of each campus of the California State University to be conducted at least once every 3 years. by January 1, 2028. The bill would also require all audits of the California State University or any of its campuses, including audits conducted by the universitys internal audit staff, to be available to the public.

## Digest Key

## Bill Text

The people of the State of California do enact as follows:SECTION 1. Section 89045.5 is added to the Education Code, to read:89045.5. (a) Notwithstanding any other law or financial audit of the California State University, an external financial audit of each campus of the California State University shall be conducted at least once every three years. by January 1, 2028.(b) All audits of the California State University or any campus of the California State University, including audits conducted pursuant to Section 89045 and audits conducted pursuant to subdivision (a), shall be available to the public.

The people of the State of California do enact as follows:

## The people of the State of California do enact as follows:

SECTION 1. Section 89045.5 is added to the Education Code, to read:89045.5. (a) Notwithstanding any other law or financial audit of the California State University, an external financial audit of each campus of the California State University shall be conducted at least once every three years. by January 1, 2028.(b) All audits of the California State University or any campus of the California State University, including audits conducted pursuant to Section 89045 and audits conducted pursuant to subdivision (a), shall be available to the public.

SECTION 1. Section 89045.5 is added to the Education Code, to read:

### SECTION 1.

89045.5. (a) Notwithstanding any other law or financial audit of the California State University, an external financial audit of each campus of the California State University shall be conducted at least once every three years. by January 1, 2028.(b) All audits of the California State University or any campus of the California State University, including audits conducted pursuant to Section 89045 and audits conducted pursuant to subdivision (a), shall be available to the public.

89045.5. (a) Notwithstanding any other law or financial audit of the California State University, an external financial audit of each campus of the California State University shall be conducted at least once every three years. by January 1, 2028.(b) All audits of the California State University or any campus of the California State University, including audits conducted pursuant to Section 89045 and audits conducted pursuant to subdivision (a), shall be available to the public.

89045.5. (a) Notwithstanding any other law or financial audit of the California State University, an external financial audit of each campus of the California State University shall be conducted at least once every three years. by January 1, 2028.(b) All audits of the California State University or any campus of the California State University, including audits conducted pursuant to Section 89045 and audits conducted pursuant to subdivision (a), shall be available to the public.



89045.5. (a) Notwithstanding any other law or financial audit of the California State University, an external financial audit of each campus of the California State University shall be conducted at least once every three years. by January 1, 2028.

(b) All audits of the California State University or any campus of the California State University, including audits conducted pursuant to Section 89045 and audits conducted pursuant to subdivision (a), shall be available to the public.