Provides for the duties of the sheriffs and other tax collectors and the legislative auditor relative to amount of tax collections to be remitted to certain public retirement systems (EN NO IMPACT LF EX See Note)
Impact
The impact of HB 1013 is significant as it directly modifies the operating procedures of tax collectors across the state. By clearly defining the responsibilities of sheriffs and the role of the legislative auditor, the bill aims to streamline the remittance process. The prospective and retroactive application of the bill suggests an intent to correct past discrepancies and optimize future tax collection processes for public retirement systems. Overall, this change is viewed as a step towards ensuring fiscal responsibility and transparency in how tax revenues are allocated to retirement funds.
Summary
House Bill 1013 establishes specific duties for tax collectors, including sheriffs, regarding the remittance of tax collections to public retirement systems. The bill mandates that tax collectors deduct the certified amounts determined by the legislative auditor and remit those funds accordingly. This framework is intended to enhance the accountability and efficiency of tax collection related to public retirement contributions, ensuring that retirement systems receive the appropriate funds in a timely manner. Additionally, the bill highlights the role of the legislative auditor in calculating and certifying the amounts due to each retirement system, thereby reinforcing oversight.
Sentiment
The sentiment surrounding HB 1013 appears to be generally positive, particularly among proponents who value fiscal accountability and the protection of public retirement systems. Supporters likely view the bill as a necessary improvement in governance and efficiency, signaling a commitment to the financial security of retired public employees. However, there may be underlying concerns about the administrative burdens placed on tax collectors, as well as resistance from those who feel that additional regulations complicate their responsibilities.
Contention
While there does not seem to be major public contention detailed in the discussions of HB 1013, the bill could lead to practical concerns regarding how tax collectors and local governments implement the new directives. Potential issues include the necessity for training on the updated processes and ensuring that all parties comprehend the changes instituted by the bill. Stakeholders may advocate for resources or support to facilitate these adaptations, highlighting the importance of smooth transitions in the management of tax collections to uphold the intent behind the legislation.
Requires local auditees and vendors who collect taxes on behalf of others to have certain annual audits and to submit certain sworn statements regarding tax collections to the legislative auditor (EN NO IMPACT LF EX See Note)
Relative to the legislative auditor, requires the auditor to provide for certain notifications of noncompliant auditees and requires auditees to designate an individual to file reports with the auditor and notify the auditor
Requires, for certain elections, that notice to the public be given and records be kept relating to the remittance of portions of tax collections to specified retirement systems in accordance with law
Provides that certain audits completed by the office of the legislative auditor shall be reported to the Joint Legislative Committee on the Budget on an annual basis. (7/1/14) (EN NO IMPACT See Note)