HB5011ham002 103RD GENERAL ASSEMBLY

Rep. Bradley Fritts

Filed: 4/16/2024

10300HB5011ham002 LRB103 38092 AWJ 72447 a

AMENDMENT TO HOUSE BILL 5011

AMENDMENT NO. ______. Amend House Bill 5011, AS AMENDED, with reference to page and line numbers of House Amendment No. 1, on page 3, immediately below line 2, by inserting the following:

""Annual financial report" means, for governmental unit fiscal years 2026 and after, the statement filed in lieu of an audit report containing information required by the Comptroller on forms devised by the Comptroller in such manner as to not require professional accounting services for its preparation."; and

on page 3, line 15, by replacing "unit that" with "unit, which"; and

on page 4, by replacing lines 3 through 14 with the following:

""Report" includes, for governmental unit fiscal years before fiscal year 2026, both audit reports and reports filed instead of an audit report by a governmental unit receiving revenue of less than $850,000 during any fiscal year to which the reports relate."; and

on page 8, lines 18 and 19, before "financial" each time it appears, by inserting "annual".