Tennessee 2023-2024 Regular Session

Tennessee House Bill HB0131

Caption

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8 and Title 9, relative to audits.

Impact

By increasing the notification timeframe from five to ten business days, the bill could have significant implications for state and local government entities, as well as agencies responsible for conducting audits. This change aims to enhance the transparency and accountability of government operations by providing both auditors and those being audited with sufficient time to prepare. The longer notice period may facilitate a more thorough and organized audit process, which is essential for ensuring compliance and effective governance in state operations.

Summary

House Bill 0131 seeks to amend certain provisions of the Tennessee Code Annotated that relate to audits by adjusting the required timeframe for certain notifications. The bill specifically changes the language from 'five (5) business days' to 'ten (10) business days' in regards to the period within which an audit notification must be sent. This modification reflects an intention to allow more time for preparations and responses pertaining to audits, thereby potentially improving the efficacy and thoroughness of the audit processes.

Sentiment

The sentiment surrounding HB 0131 appears to be generally supportive, with many stakeholders recognizing the need for reasonable timelines in audit notification. Proponents argue that allowing more time benefits all parties involved, ensuring both the quality of audits and adequate preparation time. There is, however, a consideration of whether the extended timeframe could lead to delays in accountability or transparency, which may raise concerns among some factions focused on governance reform and swift action in public accountability.

Contention

Notable points of contention may arise concerning the balance between providing adequate time for audit preparations and maintaining timely accountability in government practices. Critics could argue that extending the notification period might allow for circumstances that could hinder the urgency of addressing audit findings. Discussions around this bill may involve debates on how changes to administrative procedures can best serve both organizations and the public interest.

Companion Bills

TN SB0149

Crossfiled AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8 and Title 9, relative to audits.

Previously Filed As

TN SB0149

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8 and Title 9, relative to audits.

TN HB2678

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 37; Title 49; Title 50; Title 66 and Title 67, relative to education.

TN SB2557

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 37; Title 49; Title 50; Title 66 and Title 67, relative to education.

TN HB1968

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 10; Title 11; Title 12; Title 13; Title 49; Title 54; Title 55; Title 64; Title 67 and Title 68, relative to property taxes.

TN SB2248

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 10; Title 11; Title 12; Title 13; Title 49; Title 54; Title 55; Title 64; Title 67 and Title 68, relative to property taxes.

TN SB1857

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9 and Title 67, relative to taxation.

TN HB2161

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9 and Title 67, relative to taxation.

TN SB0119

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 11; Title 12; Title 13; Title 41; Title 42; Title 49; Title 54; Title 64; Title 68 and Title 69, relative to public finance.

TN HB0151

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 11; Title 12; Title 13; Title 41; Title 42; Title 49; Title 54; Title 64; Title 68 and Title 69, relative to public finance.

TN SB0564

AN ACT to amend Tennessee Code Annotated, Title 2; Title 3; Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 10; Title 17; Title 27; Title 39; Title 40; Title 49; Title 54; Title 57 and Title 67, relative to elections.

Similar Bills

No similar bills found.