Missouri 2024 2024 Regular Session

Missouri House Bill HB2111 Comm Sub / Analysis

Filed 01/09/2024

                    HB2111--POWERSOFTHESTATEAUDITOR
SPONSOR: Christofanelli
Thisbilldefines"impropergovernmentalactivity,"asofficial
misconduct,fraud,misappropriation, mismanagement, wasteof
resources,oraviolationofstateorfederallaw,rule,or
regulation.
ThebillprovidesthattheAuditorortheirauthorized
representative mayauditallorpartofanypoliticalsubdivision
orgovernmententityif,afteraninvestigation, theAuditor
believesimpropergovernmentalactivityhasoccurred,orwhen
requestedtobyaprosecutingattorney,circuitattorney,orlaw
enforcementagencyaspartofaninvestigation.
Thisbillprovidesthattestimonyandrecordsobtainedthrough
subpoenasissuedbytheAuditorshallbesubjecttothesame
confidentiality anddisclosurerequirementsforauditworkpapers
andrelatedsupportivematerial.
Currently,eachfiscalyear,theStateAuditormustaudit,adjust
andsettleallreceiptsanddisbursementsintheinsurance
dedicatedfundandtheinsuranceexaminers'fund,andtaxes
certifiedandcollectedonforeignanddomesticinsurancepremiums,
surpluslinepremiums,andcountytaxesonpropertyownedby
insurancecompanies. Thisbillrepealstherequirementtoaudit
taxescertifiedandcollectedonforeignanddomesticinsurance
premiums,surpluslinepremiums,andcountytaxesonpropertyowned
byinsurancecompaniesandrequiresthattheresultsofauditsof
theinsurancededicatedfundandtheinsuranceexaminers'fund
shallbereportedaspartoftheannualauditofthestate's
financialstatements.
Thebilladdsrecordsrelatingtoreportsofallegationsof
impropergovernmentalactivitiestothelistofrecordsexemptfrom
publicdisclosure.
ThisbillissimilartoHB1175(2023).