Allows for the examination of industrial development agencies and not-for-profit corporations by county comptrollers

This bill allows county comptrollers to audit projects and actions by industrial development agencies and not-for-profit corporations that are affiliated with local governments. If a county does not have a comptroller, the chief elected official must assign the budget or finance director to perform these audits instead. The legislation defines which specific agencies and corporations fall under these audit rules and sets a 90-day delay before the changes take effect.