Oklahoma 2024 Regular Session

Oklahoma Senate Bill SB342

Introduced
2/6/23  

Caption

State government; allowing for certain state legislators to request a certain audit. Effective date.

Impact

If enacted, SB342 would significantly impact how financial oversight is conducted within Oklahoma's public institutions. It would empower legislators to initiate audits, which could lead to more frequent and detailed examinations of financial practices across educational and correctional facilities. The ability to conduct special audits without prior notice is particularly notable, as it allows auditors to assess compliance and operational efficiency without the entities being able to prepare or alter practices beforehand, thus promoting genuine accountability.

Summary

Senate Bill 342 aims to enhance the oversight capabilities of the State Auditor and Inspector in Oklahoma. Specifically, the bill amends existing legislation to allow certain state legislators, including the Governor, the Attorney General, and legislative leaders, to request special audits of various public institutions, including school districts and institutions of higher education. This change seeks to provide a mechanism for closer scrutiny of the financial activities and compliance of these entities, thereby promoting greater accountability and transparency in state government operations.

Contention

While proponents of SB342 argue that it is a necessary step towards enhancing financial oversight and preventing misuse of public funds, there may be concerns about the implications of increased legislative control over audit processes. Critics might argue that such a move could lead to politicization of the auditing process, where audits may be requested based on political motivations rather than legitimate concerns about compliance or operational efficiency. There could also be apprehension regarding the potential administrative burden this could place on public institutions, especially if questions arise about the scope and frequency of the audits.

Companion Bills

OK SB342

Carry Over State government; allowing for certain state legislators to request a certain audit. Effective date.

Previously Filed As

OK SB882

Driving under the influence; modifying bail provisions related to charges of driving under the influence. Effective date.

OK SB434

County employees' retirement systems; increasing maximum amount of total employer and employee contributions. Effective date. Emergency.

OK SB201

Schools; establishing minimum salary schedule for teachers. Effective date. Emergency.

OK SB936

Tobacco and vapor products; modifying applicability of fines under the Prevention of Youth Access to Tobacco Act. Effective date.

OK SB327

Income tax; modifying marginal income tax brackets for certain tax years. Effective date.

OK SB292

Income tax; modifying certain income tax rate for certain tax years. Effective date.

OK SB290

Tax; modifying certain income tax rates for certain tax years. Effective date.

OK HB2140

Revenue and taxation; Ad Valorem Tax Code; definitions; classifications of property; valuation procedures; effective date.

Similar Bills

No similar bills found.