AN ACT CONCERNING THE AUDITORS OF PUBLIC ACCOUNTS, AUDITS OF PRIVATE ENTITIES AND PERFORMANCE AND ACCOUNTABILITY STANDARDS FOR STATE AND QUASI-PUBLIC AGENCIES.

SB 251 expands the audit authority of the Auditors of Public Accounts, allowing them to set their own audit schedules and scope for state agencies, public bodies, and private contractors receiving $25,000+ annually in state funds for housing or human services. The bill requires annual audits of the Treasurer and Comptroller, biennial audits of state departments and agencies (with more frequent audits permitted if needed), and mandates that private contractors provide relevant information and allow office visits. Auditors must report findings to the Governor and legislative committees and submit an annual audit plan to the government oversight committee by July 1, 2026. This bill directly affects state government entities, public bodies, and qualifying private contractors.