S-5282

   Amend Senate File 2416 as follows:
   1.  Page 21, after line 7 by inserting: 
   <Sec. ___.  NEW SECTION.  7D.17  Board meetings by executive council members.
   Any member of the executive council that is a member of a statutory board, commission, council, or committee shall attend all meetings of the board, commission, council, or committee, either personally or through a designee from the executive council member’s office.
   Sec. ___.  NEW SECTION.  11.5C  Audit of authority expenses.
   1.  The auditor of state shall contract with a private accounting firm to conduct an annual rotating full audit of expenses that are reimbursed by state funds from the following state entities:
   a.  Agricultural development authority.
   b.  Economic development authority.
   c.  Iowa communications network.
   d.  Iowa finance authority.
   e.  Iowa lottery authority.
   f.  Iowa state fair authority.
   g.  Tobacco settlement authority.
   2.  Each year, if the private accounting firm does not conduct a full audit of such expenses relating to an entity listed in subsection 1, the auditor of state shall conduct a sample audit of the entity. The auditor of state shall ensure that each listed entity receives either a full audit or a sample audit each year.>
   2.  By renumbering as necessary.

______________________________
LIZ MATHIS