Developmental disabilities: regional centers.

Existing law, the Lanterman Developmental Disabilities Services Act, requires the State Department of Developmental Services to enter into 5-year contracts with regional centers to render specified services. The act requires an entity receiving payments of $250,000 or more, but not more than $500,000, from a regional center to obtain either an independent audit or independent review report of its financial statements for the period. An entity receiving payments of $500,000 or more is required to obtain an independent audit. Existing law requires a copy of the audit or report to be provided to the vendoring regional center within 30 days of completion of the audit or review. This bill would, until July 1, 2016, authorize exemptions from the above-described independent audit or review requirements of one or 2 years, if specified conditions are met.