Fiscal training and enforcement of financial reporting laws.

HB 60 requires public officers (like county and city officials) to complete minimum fiscal training within one year of taking office. It enforces compliance with financial reporting rules by directing state agencies to withhold grants and loans to local governments that fail to file required reports. The state auditor must notify agencies when local entities are noncompliant, triggering automatic withholding of payments until reports are submitted. This directly affects counties, cities, and special districts receiving state funds, with withheld payments held until compliance is verified.