Synopsis As Introduced Amends the State Comptroller Act. With certain exceptions, requires each State agency to report the necessary information to the Comptroller by each October 31 for the Comptroller's publication of the State's comprehensive annual financial report by each December 31. Establishes measures to deal with delinquent or insufficient reports from State agencies, including the Comptroller's withholding of compensation and expense reimbursement of the director or secretary of a delinquent State agency and the development of action plans by delinquent State agencies. Effective immediately.
House Committee Amendment No. 1 Replaces everything after the enacting clause. Reinserts the introduced bill with changes. Removes provisions authorizing the State Comptroller to withhold the compensation and expense reimbursement of the director or secretary of a State agency that fails to provide specified information for the comprehensive annual financial report published by the State Comptroller. Effective immediately.