Senate Bill 149 amends Tennessee Code Annotated, specifically Section 8-4-116(c), by changing the timeframe for certain audit-related notifications from "five (5) business days" to "ten (10) business days." This adjustment aims to provide additional time for compliance with audit requirements, potentially enhancing the thoroughness and accuracy of the audit process.

The bill is set to take effect on July 1, 2023, ensuring that the new timeframe is implemented in a timely manner to benefit the auditing procedures within the state.

Statutes affected:
Introduced: 8-4-116(c), 8-4-116