GOV ACCOUNT AUDIT-TOWNSHIPS

Deletes modifications of the audit procedures for governmental units under the Act for fiscal years 2028 and after. Provides that, beginning with fiscal year 2027, any governmental unit receiving revenue of less than $1,400,000 for any fiscal year (rather than less than $850,000 for any fiscal year) shall sign, copy, and file completed reports under the Act. Provides that, beginning with fiscal year 2027, any governmental unit receiving revenue of $1,400,000 or more for any fiscal year (rather than receiving revenue of $850,000 or more for any fiscal year) shall sign, copy, and file completed reports under the Act. Deletes modifications to the definitions of "audit report" and "report". Deletes the definition for "annual financial report". Deletes provisions requiring the governing body of each governmental unit to cause an audit to be made every 2 years of the accounts of the unit to be made by an auditor or auditors.

Status

Passed

Signed or otherwise enacted

Status date

Jul 24, 2026

111 days ago

Current chamber

Senate

Session

2025-2026 Regular Session