AUD GEN-GRANT & AWARD AUDIT

Directs the Auditor General to conduct a management audit of grants and awards distributed by State agencies in Fiscal Years 2010 and 2011. Provides that the audit shall include the following determinations: (1) the amount of money each State agency distributed in FY10 and FY11 for grants and awards, the recipients of those funds, and the purposes for which the funds were distributed; (2) whether a sample of grantees selected by the auditors met the purposes for which the State moneys were provided; and (3) whether a sample of grantees selected by the auditors complied with applicable laws, regulations, contracts, and grant and award agreements. Provides that the Auditor General shall commence the audit as soon as practical and distribute the report upon completion in accordance with the Illinois State Auditing Act.