This bill amends the reimbursement process for audit expenses incurred by the auditor of state in Iowa. It modifies Section 11.5A to allow the department of management to transfer funds from the state treasury to cover audit costs for state departments, agencies, and the judicial branch, without specifying a list of departments. In Section 11.5B, the bill removes the previous requirement for specific departments to reimburse the auditor and instead mandates that any state department or agency that undergoes an audit must reimburse the auditor for the costs incurred.

Additionally, the bill updates Section 11.5C to clarify that the state department subject to the audit is responsible for reimbursing the auditor for the review costs and any subsequent assistance. It also requires the auditor of state to establish an hourly billing rate for audit services through annual rule adoption, ensuring a standardized approach to billing for these services. Overall, the bill streamlines the reimbursement process and broadens the scope of departments responsible for covering audit expenses.

Statutes affected:
Introduced: 11.5A, 11.5B, 11.5C