SF 191

1st Engrossment - 88th Legislature (2013 - 2014) Posted on 05/23/2013 03:18pm

A bill for an act
relating to state government; modifying audit requirements; amending Minnesota
Statutes 2012, sections 32C.04; 469.3201.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2012, section 32C.04, is amended to read:

32C.04 ACCOUNTS; AUDITS.

The authority may establish funds and accounts that it determines to be reasonable and
necessary to conduct the business of the authority. The board shall provide for and pay the
cost of an independent annual audit of its official books and records be subject to audit by
the state legislative auditor. A copy of this an audit must be filed with the secretary of state.

Sec. 2.

Minnesota Statutes 2012, section 469.3201, is amended to read:

469.3201 STATE LEGISLATIVE AUDITOR; AUDITS OF JOB
OPPORTUNITY BUILDING ZONES AND BUSINESS SUBSIDY AGREEMENTS.

As resources allow, the Office of the State Auditor legislative auditor must annually
audit the creation and operation of all job opportunity building zones and business subsidy
agreements entered into under Minnesota Statutes, sections 469.310 to 469.320. To the
extent necessary to perform this audit, the state auditor may request from the commissioner
of revenue tax return information of taxpayers who are eligible to receive tax benefits
authorized under section 469.315. To the extent necessary to perform this audit, the state
auditor may request from the commissioner of employment and economic development
wage detail report information required under section 268.044 of taxpayers eligible to
receive tax benefits authorized under section 469.315. All public officials and parties to
the agreements shall comply with the requirements of section 3.978, subdivision 2.