Texas Government Code 2054.2721 – Independent Annual Audit
Current as of: 2024 | Check for updates
|
Other versions
(a) Not later than August 1 of each year, any private vendor chosen to implement or manage the project shall have an audit of the vendor’s finances associated with the management and operation of the project performed by an independent certified public accountant selected by the state. The vendor shall pay for the audit and shall have a copy of the audit provided to the department.
(b) Not later than August 15 of each year, the department shall provide a copy of the audit report to:
(1) the presiding officer of each house of the legislature; and
(2) the chair of each committee in the legislature with primary jurisdiction over the department.
Terms Used In Texas Government Code 2054.2721
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) The department shall keep a copy of the audit report and make the audit report available for inspection by any interested person during regular business hours.