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: Feb 13, 2024
BILL NUMBER: SB 221 BILL AMENDED: Jan 30, 2024
SUBJECT: State Board of Accounts.
FIRST AUTHOR: Sen. Bassler BILL STATUS: CR Adopted - 2
nd
House
FIRST SPONSOR: Rep. Lehman
FUNDS AFFECTED:XGENERAL IMPACT: State & Local
XDEDICATED
FEDERAL
Summary of Legislation: 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 State Board of
Accounts (SBOA).
City Clerk Training: This bill removes a mandatory requirement that city clerks attend the annual training
institute conducted by the SBOA. It limits the requirement that certain newly elected or appointed local
officers complete five hours of approved training courses before the individual first takes office to only
individuals first elected or appointed to the office of clerk-treasurer or city controller (and excluding city
clerk).
SB 221 1 Effective Date: Upon Passage; July 1, 2024.
Explanation of State Expenditures: 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.
City Clerk Training: The bill’s requirement of removing the city clerks from certain training requirements that
are currently applicable to them, as well as to clerk treasurers and controllers, will result in a minor decrease
in the administrative workload for the city clerks.
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; City
clerks.
Information Sources:
Fiscal Analyst: James Johnson, 317-232-9869.
SB 221 2