Identical to S 682 filed on 3/26/15.
Amends Section 6 of SL 2012-152 concerning contingency fee-based contracts, providing, as specified, cities and counties cannot renew contingency fee-based contracts for the specified services or assign further audits on a contingency fee basis to an auditing firm as specified after July 1, 2013 (previously, the prohibition on such contracts ran from July 1, 2013, to July 1, 2015). Makes clarifying changes.
MODIFY SUNSET RE: CONTINGENT AUDITS.
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| View NCGA Bill Details(link is external) | 2015-2016 Session |
AN ACT TO LIMIT USE OF CONTINGENT-BASED CONTRACTS FOR AUDIT OR ASSESSMENT PURPOSES.Intro. by W. Brawley, Hager, Szoka.
Status: Ref to the Com on Local Government, if favorable, Finance (House Action) (Apr 6 2015)
Bill History:
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Wed, 1 Apr 2015 House: Filed(link is external)
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Mon, 6 Apr 2015 House: Passed 1st Reading(link is external)
H 542
Bill Summaries:
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Bill H 542 (2015-2016)Summary date: Apr 2 2015 - View Summary
View: All Summaries for Bill