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2026 Session

Budget Amendments - HB30 (Committee Approved)

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Statement of Revenues and Expenses of Intercollegiate Athletics Programs (language only)

Item 3-4.01 #2h

Item 3-4.01 #2h
Auxiliary Enterprises and Sponsored Programs in Institutions of Higher Education
Auxiliary Enterprise Investment Yields

Language

Page 592, after line 41, insert:

"C. Annually or as required, the Auditor of Public Accounts, or her legally authorized representative, shall perform attestation services over each higher education institution's Statement of Revenues and Expenses of Intercollegiate Athletics Programs to satisfy the financial reporting requirements of the National Collegiate Athletic Association (or comparable intercollegiate athletics governing body). The cost of such attestation services, estimated at a statewide total of $450,000 annually, shall be borne by the intercollegiate athletics program at each institution."

Explanation

(This language amendment authorizes the Auditor of Public Accounts (APA) to bill higher education institutions for the cost of performing agreed-upon procedures engagements over intercollegiate athletics programs. This work performed by the APA has increased significantly in recent years due to changes in the procedures required by the NCAA.)

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  • Committee Website HAC | SFAC 
  • Legislation in Committee HAC | SFAC 

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