The proposed bill amends the Legislative Performance Audit Act to enhance the effectiveness and accountability of performance audits in Nebraska. Key changes include the introduction of the term "planning documents" into the definition of "working papers," which now encompasses these documents alongside evidence collected during audits. The bill updates the reference to Government Auditing Standards from the 2018 to the 2024 revision, ensuring compliance with the latest standards. It also mandates that tax incentive performance audits analyze whether programs meet specific economic goals and requires that each program be reviewed at least once every five years.

Additionally, the bill clarifies the access rights of the Legislative Performance Audit office to agency records, ensuring timely access to necessary information while maintaining the confidentiality of shared information. It specifies that working papers and correspondence between the office and audited agencies are not public records, thereby enhancing audit confidentiality. The bill also includes provisions for the availability of working papers for external quality control reviews, while protecting confidential information in reports generated from these reviews. Furthermore, it repeals several sections of the Reissue Revised Statutes of Nebraska, indicating a significant update to the legal framework governing audit-related documents.

Statutes affected:
Introduced: 50-1203, 50-1204, 50-1205.01, 50-1209, 50-1211, 50-1213