00                            SENATE BILL NO. 78                                                                          
01 "An Act relating to the powers and duties of the legislative audit division."                                           
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1. AS 24.20.271 is amended to read:                                                                      
04            Sec. 24.20.271. Powers [AND DUTIES]. The legislative audit division may                                
05       [SHALL]                                                                                                           
06                 (1)  conduct a performance post-audit of boards and commissions                                         
07       designated in AS 44.66.010 and of those programs and activities of agencies subject to                            
08       termination as determined in the manner set out in AS 44.66.020 and 44.66.030, and                                
09       make the audit, together with a written report, available to the legislature not later than                       
10       the first day of the regular session of the legislature convening in each year set out                            
11       with reference to boards, commissions, or agency programs whose activities are                                    
12       subject to termination as prescribed in AS 44.66; the division shall notify the                                   
13       legislature that the audit and report are available;                                                              
14                 (2)  audit at least once every three years the books and accounts of all                                
15       custodians of public funds and all disbursing officers of the state;                                              

01                 (3)  at the direction of the Legislative Budget and Audit Committee,                                    
02       conduct performance post-audits on any agency of state government;                                                
03                 (4)  cooperate with state agencies by offering advice and assistance as                                 
04       requested in establishing or improving the accounting systems used by state agencies;                             
05                 (5)  require the assistance and cooperation of all state officials and                                  
06       other state employees in the inspection, examination, and audit of state agency books                             
07       and accounts;                                                                                                     
08                 (6)  have access at all times to the books, accounts, reports, or other                                 
09       records, whether confidential or not, of every state agency;                                                      
10                 (7)  ascertain, as necessary for audit verification, the amount of agency                               
11       funds on deposit in any bank as shown on the books of the bank; no bank may be held                               
12       liable for making information required under this paragraph available to the legislative                          
13       audit division;                                                                                                   
14                 (8)  complete studies and prepare reports, memoranda, or other                                          
15       materials as directed by the Legislative Budget and Audit Committee;                                              
16                 (9)  have direct access to any information related to the management of                                 
17       the University of Alaska and have the same right of access as exists with respect to                              
18       every other state agency;                                                                                         
19                 (10)  conduct an audit every two years of information found in the                                      
20       annual reports required under AS 42.05.211 and AS 42.06.220 regarding compliance                                  
21       by the Regulatory Commission of Alaska with the requirements of AS 42.05.175(a) -                                 
22       (e) and of the timeline extensions made by the commission under AS 42.05.175(f),                                  
23       and of other performance measures adopted by the commission;                                                  
24                 (11)  perform an audit of an organization that receives money from                                  
25       or through the state, including money that the state has received from the federal                            
26       government, when the performance of the audit is approved by the Legislative                                  
27       Budget and Audit Committee.