Senate Finance and Taxation General Fund Hearing
Finance and Taxation at 12:00:00

SB163 would overhaul state property oversight by creating a Division of Property Investigations under the State Auditor to investigate losses, recover costs, and update inventory practices.
It creates the Division of Property Investigations within the State Auditor’s Office to investigate loss, theft, or damage of state property and to demand repayment when negligence is found, with authority to issue findings of non-negligence or to refer cases for criminal action. It requires property managers to report losses within 30 days and to provide required details to the Division, which will summarize the circumstances. It authorizes the Attorney General to file civil actions to recover the value of lost, stolen, or damaged property and to refer criminal cases to the AG or district attorneys. It updates inventory rules, allowing threshold values to be adjusted every four years based on CPI with 90 days notice, provides for exceptions and alternative audit methods for areas behind security bars, and requires annual and quarterly reporting of losses and related information on a public website.
Currently Indefinitely Postponed
Read for the Second Time and placed on the Calendar
Finance and Taxation General Fund 1st Amendment 5VLHRM6-1
Pending Senate Finance and Taxation General Fund
Reported out Committee of House of Origin and Re-referred to F&TG
Pending Senate Fiscal Responsibility and Economic Development
Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development
Finance and Taxation at 12:00:00
Finance and Taxation at 11:32:00
Source: Alabama Legislature