HB0266 • 2017

Study on evaluation requirements for small cities and towns.

AN ACT relating to the department of audit; requiring a report on evaluation requirements for small cities and towns as specified; and providing for an effective date.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Representative Loucks
Last action: 2017-03-10
Official status: enrolled
Effective date: 3/9/2017

Plain English Breakdown

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Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB0266H3001

3rd reading • Brown

Withdrawn

Plain English: Withdrawn 3rd reading by Brown

This amendment summary is using official source text because generated interpretation was skipped for this run.
The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

HB0266HS001

Standing Committee • HCorporations

Adopted

Plain English: Adopted Standing Committee by HCorporations

This amendment summary is using official source text because generated interpretation was skipped for this run.
The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

Bill History

2017-03-10 LSO
Assigned Chapter Number
2017-03-10 Governor
Governor Signed HEA No. 0089
2017-03-01 Senate
S President Signed HEA No. 0089
2017-03-01 House
H Speaker Signed HEA No. 0089
2017-03-01 LSO
Assigned Number HEA No. 0089
2017-02-28 Senate
S 3rd Reading:Passed 30-0-0-0-0
2017-02-27 Senate
S 2nd Reading:Passed
2017-02-24 Senate
S COW:Passed
2017-02-21 Senate
S Placed on General File
2017-02-21 Senate
S07 - Corporations:Recommend Do Pass 4-0-1-0-0
2017-02-10 Senate
S Introduced and Referred to S07 - Corporations
2017-02-09 Senate
S Received for Introduction
2017-02-07 House
H 3rd Reading:Passed 50-9-1-0-0
2017-02-06 House
H 2nd Reading:Passed
2017-02-03 House
H COW:Passed
2017-02-02 House
H Placed on General File
2017-02-02 House
H07 - Corporations:Recommend Amend and Do Pass 8-0-1-0-0
2017-01-30 House
H Introduced and Referred to H07 - Corporations
2017-01-30 House
H Received for Introduction
2017-01-27 LSO
Bill Number Assigned

Official Summary Text

Bill Summary

Bill No.:
HB0266
Effective
:
Immediately

LSO No.:
17LSO-0221

Enrolled Act No.:
HEA No. 0089

Chapter No.:
[Chapter Number_RO]

Prime Sponsor:
Loucks

Catch Title:
Study on evaluation requirements for small cities and towns.

Subject:
Study on evaluation requirements for small cities and towns.

Summary/Major Elements:

This bill requires the Department of Audit
to

provide a report on the audit requirements for small cities and towns
of less than four thousand (4,000) inhabitants.

The bill requires the report to include the most recent
evaluation of small cities and
towns pursuant to statutory requirements. The report
must
also include recommendations related to changes to the
evaluation of cities and towns as well as changes to the
bookkeeping and financial reporting methods for small cities and towns
.

Comments:

The Department of Audit

is required to
provide the
report
described above
,
including any recommend
ations for legislation, to the Joint Corporations, Elections and Political S
ubdivisions
Interim C
ommittee not later than October 1, 2017. The
bill requires the J
oint
Corporations, Elections and Political S
ubdivisions
I
nterim
C
ommittee
to
consider the report and develop any legislation it deems approp
riate for consideration by the L
egislature
.

The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill
.

Current Bill Text

Read the full stored bill text

ORIGINAL
House
Bill No
.
HB0266

ENROLLED ACT NO. 89,

HOUSE OF REPRESENTATIVES

SIXTY-FOURTH LEGISLATURE OF THE STATE OF
WYOMING
2017 General Session

AN ACT relating to the department of audit; requiring a report on evaluation requirements for small cities and towns as specified; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.

(a)

The department of audit shall
provide a report on the
audit requirem
ents for small cities and towns and the current application
of
W.S. 9
‑
1
‑
507(
a)
to those cities and towns
.
The
report
shall include:

(
i
)

Information on how often small cities and towns are
evaluated
under
W.S. 9
‑
1
‑
507(a)
, either by the department of audit or a
certified public accountant
, including specific dates for the most recent audits of cities and towns with
a population of less than four thousand (4,000) inhabitants
;

(ii)

Consideration of and r
ecommendations
related to
requiring
regular audits
or other fiscal review
for small cities and towns
and
the method and frequency of those audits;

(iii)

A determination of the fiscal impacts that would occur for small cities and towns
and for the
department
of audit
if a
regular
audit
or review
schedule was implemented;

(iv)

Consideration
of and recommendations related to reviews and procedures which enhance internal control over financial operations for small cities and towns;

(v)

Recommendations for standardizing or improving bookkeeping and financial reporting methods for small cities and towns including training municipal employees in proper accounting methods under W.S. 9
‑
1
‑
507(
a)(iv);

(vi)

Recommendations for cost effective ways to independently analyze and report on financial information on a systematic basis in conjunction with W.S. 9
‑
1
‑
507(
a)(v).

(b
)

In preparing the
report
required under subsection (a) of this section, the department shall consult with representatives of small cities and towns that may be impacted by the implementation of revised audit requirements.
The department shall provide an opportunity for public comment on current audit requirements and
on
implement
ation of
regular
ly scheduled
audits
or other financial review
for small cities and towns.

(c
)

The department shall
provide the
report
required under subsection (a) of this section,
including any recommendations for legislation
,
to the joint
corporations, elections and political subdivisions
interim
committee
not later than October 1, 2017.
The joint
corporations, elections and political subdivisions
interim
committee
shall consider the report and develop
any
legislation it deems appropriate for consideration by the legislature.

Section 2.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

Speaker of
the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the
House
.

Chief Clerk