Assembly Bill 793 proposes the establishment of an Office of Internal Audit within the Department of Employee Trust Funds (ETF) in Wisconsin. This new office will be directed by an internal auditor who will be appointed by the Employee Trust Funds Board and will operate outside the classified service, reporting directly to the board. The bill amends several sections of the statutes to facilitate this change, including the creation of new provisions that outline the responsibilities and authority of the internal auditor, such as conducting audits of ETF activities and ensuring compliance with legal requirements.

Key amendments include the addition of a provision allowing the Employee Trust Funds Board to create or abolish the internal auditor position, as well as changes to salary determinations for the internal auditor and other senior executive positions within ETF. The bill also specifies that the internal auditor will be part of the general senior executive group 1, alongside the assistant deputy secretary of ETF. Overall, the legislation aims to enhance oversight and accountability within the ETF by establishing a dedicated internal audit function.

Statutes affected:
Bill Text: 15.165(title), 15.165, 16.50(3)(b), 16.50, 16.505(1)(intro.), 16.505, 20.923(7)(intro.), 20.923, 20.923(7)(a)