AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8 and Title 9, relative to audits.
The implications of SB0149 may lead to increased timeframes for conducting audits within state agencies. By extending the response period to ten business days, the bill allows auditors and agencies additional time to prepare and respond to their responsibilities related to audits. This change could improve compliance and thoroughness in audit practices across the state, ensuring that agencies have adequate time to address audit requests.
Senate Bill 149 (SB0149) seeks to amend various titles within the Tennessee Code Annotated concerning the timing and procedures related to audits. A key provision of this bill is the alteration of the current stipulation regarding the number of business days allowed for certain audit-related processes. Specifically, it changes the requirement from five business days to ten, potentially affecting how quickly audits can be conducted and how agencies respond to audit findings.
Overall, SB0149 reflects an effort to refine audit processes within Tennessee's government framework. By modifying existing laws to extend audit-related timelines, the legislation aims to enhance the efficacy of government audits, though it is important to consider the implications this may have on the immediacy of audit accountability and public trust.
One area of potential contention surrounding SB0149 is the balance between allowing sufficient time for compliance and the speed of government accountability measures. Critics may argue that increasing the timeline for audit procedures could delay transparency and public access to audit results. Supporters, on the other hand, may contend that the additional time could lead to more accurate and comprehensive audit findings, ultimately benefiting oversight efforts.