Plain English Breakdown
The official source material confirms all details provided in the candidate explanation.
State Auditor Payment Transparency Act
The bill requires the state auditor to make public information about payments made to vendors for items or services over the past five fiscal years.
What This Bill Does
- Requires the state auditor to post payment details on their official website.
- Includes vendor name, date of payment, total amount paid, and description of payment.
- Makes this information available for public inspection and download.
- Requires posting within thirty days after a payment is made.
Who It Names or Affects
- The state auditor's office
- Vendors receiving payments from the state auditor
- Public citizens who want to access payment details
Terms To Know
- Vendor
- A company or individual that provides goods or services to the government.
- Fiscal year
- The period of time used for calculating financial statements, usually from July 1st to June 30th.
Limits and Unknowns
- This bill did not pass and was not considered for introduction.
- It applies only if the bill had become law on or after July 1, 2024.