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2022 Session

Budget Amendments - SB29 (Committee Approved)

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Secretary of Finance Full-Time Position for Oversight of Contract

Item 264 #1s

Item 264 #1s

 First Year - FY2021 Second Year - FY2022
Finance
Secretary of Finance FY2021 $0 FY2022 $250,000 NGF
FY2021 0.00 FY2022 1.00 FTE

Language
Page 99, line 2, strike "$685,384" and insert "$935,384".

Page 99, strike line 2.


THIS AMENDMENT IS WRITTEN TO CHAPTER 552


After paragraph C. insert:

“D. The Secretary of Finance shall certify the results for executive branch agencies and local governments directly receiving federal pandemic relief, economic stimulus grants, or loans that engage an internal or independent third-party firm to perform a risk assessment over the internal controls in administering the program and disbursing the funds. The Secretary of Finance shall compile the findings and provide a report to the Governor, Chair of Senate Finance and Appropriations, and Chair of House Appropriations by November 1 of each year.”

Explanation

(This amendment provides $250,000 NGF and 1.0 FTE the second year within the Secretary of Finance, funded through federal pandemic relief funds, to oversee a contract with an internal or third-party vendor perform a risk assessment over the internal controls for administering and disbursing the funds, in accordance with federal regulation, craft internal controls and other activities, and report to the Governor and Chairs of the House Appropriations and Senate Finance and Appropriations Committees. This item will be set out upon enrolling.)

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