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H 3120 - Requires the annual financial audits of municipalities to be submitted to the Comptroller General

Tracking Level: Of Interest
Sponsor: John King (D)
Last Action: 1/8/2019 - House - Referred to Committee on Ways and Means
House Committee: WM
Assigned To:
Finance/Revenue/TaxesNext Bill
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Staff Analysis of the Legislation

Summary of the bill as introduced: Requires the annual financial audits of municipalities to be submitted to the Comptroller General, and requires the Comptroller General to withhold any funds from a municipality until its report is received.

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Session 123 - (2019-2020)Printer Friendly
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H 3120 General Bill, By King
Summary: Municipality, annual financial audit
    A BILL TO AMEND SECTION 5-7-240, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE ANNUAL FINANCIAL AUDIT OF A MUNICIPALITY, SO AS TO REQUIRE THE REPORT OF THE AUDIT BE SUBMITTED TO THE COMPTROLLER GENERAL, AND TO REQUIRE THE COMPTROLLER GENERAL TO WITHHOLD ANY FUNDS TO THE MUNICIPALITY UNTIL THE REPORT IS RECEIVED.
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12/18/18House Prefiled
12/18/18House Referred to Committee on Ways and Means
01/08/19House Introduced and read first time (House Journal-page 94)
01/08/19House Referred to Committee on Ways and Means (House Journal-page 94)



Legislative Services Agency
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Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc