SB258 Alabama 2023 Session

Summary

Primary Sponsor

Andrew Jones Senator

Republican

Session

Regular Session 2023

Title

Relating to water utilities; to amend Act 2022-378 of the 2022 Regular Session, now appearing as Section 41-5A-12.2 of the Code of Alabama 1975, relating to certain nonprofit corporations providing water service and providing a one-time audit by the Department of Examiners of Public Accounts, to specify that the law applies to nonprofit corporations providing water service to its members or the public; and to authorize the department to conduct an additional one-time audit of a nonprofit corporation if the department suspects fraud or mismanagement of funds.

Description

Under existing law, a nonprofit corporation that is not incorporated pursuant to Title 11, Code of Alabama 1975, that provides water service to the public may be audited one time by the Department of Examiners of Public Accounts.

This bill would specify that the law applies to a nonprofit corporation that provides water service to its members or the public.

This bill would also authorize the Department of Examiners of Public Accounts to conduct a one-time audit of a public corporation organized under Article of Chapter 50 of Title 11, Code of Alabama 1975, providing water service if the department suspects fraud or mismanagement of funds.

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