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AB-2407 • 2026

High-Speed Rail Authority Office of the Inspector General: contract reviews: audit standards.

High-Speed Rail Authority Office of the Inspector General: contract reviews: audit standards.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Macedo
Last action
2026-03-10
Official status
Re-referred to Com. on TRANS.
Effective date
Not listed

Plain English Breakdown

Checked against official source text during the last sync.

High-Speed Rail Authority Inspector General: Contract Reviews

AB-2407 requires the High-Speed Rail Authority's Inspector General to review financial disclosures and identify conflicts of interest for officials involved in contract decisions, complete audits according to government standards, and make audit reports public.

What This Bill Does

  • Requires the Inspector General to check if officials who decide on contracts have any financial issues that might affect their choices.
  • Tells the Inspector General to finish audits quickly and follow specific rules set by the U.S. Comptroller General.
  • Makes sure the Inspector General shares audit reports with everyone after they are done.

Who It Names or Affects

  • The High-Speed Rail Authority's Inspector General
  • Officials who make decisions about contracts for the high-speed rail project

Terms To Know

Inspector General
A person in charge of checking if rules are followed and finding problems with how money is spent.
Audit
An official check to see if something follows the rules or laws.

Limits and Unknowns

  • The bill does not specify when these changes will start.
  • It only explains how audits should be conducted but doesn't detail consequences for rule violations.

Bill History

  1. 2026-03-10 California Legislative Information

    Re-referred to Com. on TRANS.

  2. 2026-03-09 California Legislative Information

    From committee chair, with author's amendments: Amend, and re-refer to Com. on TRANS. Read second time and amended.

  3. 2026-03-09 California Legislative Information

    Referred to Com. on TRANS.

  4. 2026-02-21 California Legislative Information

    From printer. May be heard in committee March 23.

  5. 2026-02-20 California Legislative Information

    Read first time. To print.

Official Summary Text

AB 2407, as amended, Macedo.
High-speed rail.
High-Speed Rail Authority Office of the Inspector General: contract reviews: audit standards.
Existing law creates the High-Speed Rail Authority to develop and implement a high-speed rail system in the state. Existing law creates the High-Speed Rail Authority Office of the Inspector General and authorizes the High-Speed Rail Authority Inspector General to initiate an audit or review regarding oversight related to delivery of the high-speed rail project undertaken by the authority and the selection and oversight of contractors related to that project. Existing law imposes other duties and responsibilities on the Inspector General relating to the oversight of the authority, including the duty and responsibility to review the authority’s contracts and contracting practices to determine whether they are, among other things, executed consistent with state and federal laws and policies.
This bill would also impose on the Inspector General the duty and responsibility to review financial disclosures and identify conflicts of interest for officials who make, or participate in making, decisions to execute contracts, or contract changes, for the authority.
This bill would require the Inspector General to complete an audit in a timely manner and pursuant to the “Government Auditing Standards” published by the Comptroller General of the United States. Immediately upon completion of an audit or review, the bill would require the Inspector General to make a report of the audit or review available to the public.
The California High-Speed Rail Act creates the High-Speed Rail Authority to develop and implement a high-speed rail system in the state, with specified powers and duties. Existing law defines certain terms in that regard.
This bill would make nonsubstantive changes to these definitions.

Current Bill Text

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