New Jersey Assembly Bill A992

New Jersey 2024-2025 Regular Session

• Introduced: 1/9/24
• Refer: 1/9/24

Caption

Expands duties of State Auditor to include performance audits at request of legislator; establishes Performance Audit Committee, consisting of eight public members, to help conduct performance audits.

Impact

The implementation of A992 could substantially change how state agencies are audited, as it emphasizes performance audits over traditional financial audits. This shift will provide the legislature with more detailed insights into the effectiveness of various state programs, potentially leading to improved governance and resource allocation. By enabling performance audits, the bill aligns New Jersey's auditing practices with those of other states, enhancing transparency and accountability.

Summary

Assembly Bill A992, introduced in New Jersey, seeks to expand the responsibilities of the State Auditor to include conducting performance audits at the request of legislators. The bill proposes the establishment of a Performance Audit Committee, consisting of eight public members appointed by legislative leaders. This committee will assist the State Auditor in carrying out these audits, which will examine the economy, efficiency, and effectiveness of state programs. The goal of the bill is to enhance state oversight and accountability regarding program operations within state government.

Contention

A point of contention surrounding A992 may be the balance of power between the Executive and Legislative branches of state government. Supporters argue that the bill is a necessary step in enhancing legislative oversight and ensuring that taxpayer money is used efficiently. However, concerns may arise regarding the autonomy of state agencies and whether unannounced audits could disrupt operations. Additionally, the necessity of a Performance Audit Committee and its composition may be scrutinized to ensure it operates effectively and is free from political influence.