Bill Text: CA AB2398 | 2023-2024 | Regular Session | Amended

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Bill Title: California State University: audits.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Engrossed) 2024-08-15 - In committee: Held under submission. [AB2398 Detail]

Download: California-2023-AB2398-Amended.html

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Amended  IN  Assembly  May 16, 2024

CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Assembly Bill

No. 2398

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Introduced by Assembly Members Kalra and Cervantes

February 12, 2024

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An act to add Section 89045.5 to the Education Code, relating to the California State University.

LEGISLATIVE COUNSEL'S DIGEST

AB 2398, as amended, Kalra. California State University: audits.

Existing law establishes the California State University and its various campuses under the administration of the Trustees of the California State University. Existing law requires the trustees to establish an internal audit staff with prescribed duties, including auditing, reviewing, cost and systems analysis, analyzing, and recommending operating procedures for the university. Existing law also requires the university’s internal audit staff to perform audits, at least once every 5 years, of the activities of the university, as provided.

This bill would require an external financial audit of each campus of the California State University to be conducted at least once every 3 years. by January 1, 2028. The bill would also require all audits of the California State University or any of its campuses, including audits conducted by the university’s internal audit staff, to be available to the public.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

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Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 Section 89045.5 is added to the Education Code, to read:

89045.5.

 (a) Notwithstanding any other law or financial audit of the California State University, an external financial audit of each campus of the California State University shall be conducted at least once every three years. by January 1, 2028.

(b) All audits of the California State University or any campus of the California State University, including audits conducted pursuant to Section 89045 and audits conducted pursuant to subdivision (a), shall be available to the public.