This bill requires the comptroller of the treasury to undertake a performance audit of agencies and departments that are authorized or required to take action relative to the conservation of energy, the study and production of alternative sources of energy, and energy security within the state. The comptroller will assess the extent to which such agencies and departments have fulfilled their mandates and capitalized on authorizations relative to energy conservation, production, and security. The comptroller will report findings and recommendations to the environment, conservation, and tourism committee of the senate, the conservation and environment committee of the house, and the government operations committees of the senate and house. This bill requires the comptroller to conduct the initial audit prior to January 8, 2008, and to conduct future audits biennially on or before the second Tuesday of January. ON MARCH 14, 2007, THE SENATE ADOPTED AMENDMENT #1 AND PASSED SENATE BILL 146, AS AMENDED. AMENDMENT #1 changes the frequency of the comptroller's performance audits following the initial audit to every five years instead of biennially.