This bill amends the existing law regarding the audit and examination of state funds and institutions in Michigan. It introduces a new section that establishes a joint oversight committee, which will consist of eight members—four from the House of Representatives and four from the Senate, with no more than four members from the same political party. The bill outlines the appointment process, terms, and procedures for the committee, including the election of co-chairpersons and the requirement for the committee to meet at least quarterly. Additionally, the committee is granted the authority to administer oaths, subpoena witnesses, and review post audits and reports from the auditor general.

The bill also specifies that the committee may make recommendations to the legislature based on its reviews and can hire staff to assist in its functions. Importantly, it states that members of the committee will not receive compensation for their service. The enactment of this amendatory act is contingent upon the passage of Senate Joint Resolution G, which must become part of the state constitution.

Statutes affected:
Senate Introduced Bill: 13.101