LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
200 W. Washington St., Suite 301
Indianapolis, IN 46204
(317) 233-0696
iga.in.gov
FISCAL IMPACT STATEMENT
LS 6397 NOTE PREPARED: Dec 14, 2023
BILL NUMBER: SB 221 BILL AMENDED:
SUBJECT: State Board of Accounts.
FIRST AUTHOR: Sen. Bassler BILL STATUS: As Introduced
FIRST SPONSOR:
FUNDS AFFECTED:XGENERAL IMPACT: State & Local
XDEDICATED
FEDERAL
Summary of Legislation: Special Investigations Director Duties: This bill adds the Director of the Special
Investigations Department of the State Board of Accounts (SBOA) to the definition of "criminal justice
agency" for purposes of collecting criminal intelligence information. It limits the authority of the Director
of the Special Investigations Department to investigations involving public monies that are the subject of
financial examinations undertaken by the SBOA.
Internal Audit/Risk Assessment Confidentiality: This bill provides that an internal audit or risk assessment
conducted by or on behalf of the state shall remain confidential, and that the state and other individuals may
not divulge information related to an internal audit or risk assessment unless required to do so in accordance
with a judicial order. It provides an exception allowing the state and other individuals to divulge information
related to an internal audit or risk assessment to: (1) the state examiner; (2) the director of the state’s Office
of Management and Budget; (3) an external auditor, in accordance with professional auditing standards; or
(4) any other individual for any reason that constitutes good cause as determined by the state examiner and
approved by the director of the state’s Office of Management and Budget.
Executive Sessions: This bill provides that if a majority of a governing body is present during an exit
conference, or any conference initiated by the state examiner to discuss an examination status, the governing
body shall be considered in an executive session.
County Auditor Training: This bill requires an individual elected to the office of county auditor to annually
certify completion of the individual's training requirements and file the certification with the SBOA.
SB 221 1 Effective Date: July 1, 2024.
Explanation of State Expenditures: Special Investigations Director Duties: The bill’s requirements may
result in an increase of the administrative workload for the special investigations department, but limiting
the Director’s role to investigations involving public monies is within the agency’s general administrative
functions and should be able to be implemented with no additional appropriations, assuming near customary
agency staffing and resource levels.
Internal Audit/Risk Assessment Confidentiality: This provision should have no overall financial impact on
the SBOA since it specifies the circumstances and to which applicable parties the results of an internal audit
or risk assessment conducted by or on behalf of the state can be divulged.
Executive Sessions: This provision should have no overall financial impact on the SBOA.
County Auditor Training: The bill’s requirement of having the State Examiner prescribe the form and content
of the training certifications for the county auditors and the SBOA collecting that information annually will
result in an increased administrative workload for the agency, but the tasks are within the agency’s general
administrative functions and should be able to be implemented with no additional appropriations, assuming
near customary agency staffing and resource levels.
Explanation of State Revenues:
Explanation of Local Expenditures: Executive Sessions: This provision may potentially result in a minor
decrease in local expenditures to the extent that local governing bodies would have had to publish a public
notice for a non-exit conference related meeting pertaining to the local unit’s examination status.
County Auditor Training: The bill’s requirement of having the county auditors submit their training
certifications annually to the SBOA will result in a minor increase in the administrative workload for the
county auditors.
Explanation of Local Revenues:
State Agencies Affected: State Board of Accounts; Office of Management and Budget.
Local Agencies Affected: All units of local government subject to audit by SBOA; County auditors.
Information Sources:
Fiscal Analyst: James Johnson, 317-232-9869.
SB 221 2