Texas Senate Bill SB595

Texas 2019 - 86th Regular

Caption

Relating to an annual audit by the state auditor regarding certain community development block grant disaster recovery program money.

Impact

The implementation of SB595 is poised to have significant implications for state laws concerning financial audits and the oversight of public funds. By instituting a systematic auditing process, the bill aims to not only monitor the flow of disaster recovery money but also establish a framework that ensures cooperation among state agencies and local entities receiving these funds. This measure will empower the state auditor to scrutinize entities to ensure compliance with reporting requirements and financial accountability.

Summary

SB595 is a legislative bill aimed at enhancing the oversight of community development block grant disaster recovery funds. It mandates an annual audit by the state auditor to assess the distribution and expenditure of funds received under the Further Additional Supplemental Appropriations for Disaster Relief Requirements Act, 2018. This ensures that funds allocated for disaster recovery are properly managed and used for their intended purposes, thereby fostering transparency and accountability in the allocation and utilization of public resources.

Contention

While SB595 is expected to improve transparency in disaster recovery funding, it may raise concerns among local governments regarding the additional oversight and potential bureaucratic implications. Some legislators may argue that mandatory audits place an undue burden on local municipalities that already navigate complex funding structures. Additionally, there may be debates about the efficiency of the state auditor and whether such audits will lead to meaningful improvements in how disaster funds are handled.