If enacted, this bill would amend current statutes to enhance the authority of the Auditor General (OAG) in Arizona. The bill introduces new provisions that grant the OAG access to financial institutions' and enterprises' records, including accounts, books, and transactions related to state agencies and political subdivisions. Specifically, it requires these entities to provide all requested information in the form and at the time specified by the OAG, and mandates that an authorized representative certify the accuracy of the information provided. Additionally, the bill stipulates that any costs incurred in producing this information will be borne by the requesting state entity.

The bill also includes provisions that exempt financial institutions and enterprises from liability when providing information to the OAG, thereby encouraging compliance. It modifies existing language to clarify the responsibilities of state agencies and their officers in facilitating access to records for the OAG. Overall, the proposed changes aim to streamline the auditing process and ensure that the OAG can effectively perform its oversight duties without facing legal repercussions from the entities it audits.

Statutes affected:
Introduced Version: 41-1279.04