House Study Bill 626 - Introduced SENATE/HOUSE FILE _____ BY (PROPOSED AUDITOR OF STATE BILL) A BILL FOR An Act relating to the determination and collection of certain 1 fees by the auditor of state and the provision of municipal 2 financial management training, and including applicability 3 provisions. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 5368XD (2) 91 ss/ns
S.F. _____ H.F. _____ Section 1. Section 11.6, subsection 11, paragraph a, Code 1 2026, is amended to read as follows: 2 a. The auditor of state shall adopt rules in accordance with 3 chapter 17A to establish and collect a periodic examination fee 4 from cities that are not required to have an audit or required 5 fiscal year examination conducted pursuant to subsection 1 6 during a fiscal year. Such fees are due on March 31 each year. 7 The auditor of state shall base the periodic examination fees 8 the auditor of state establishes shall be on a sliding scale , 9 based on the city’s budgeted gross expenditures, to produce 10 total revenue of not more than three six hundred seventy-five 11 thousand dollars for each fiscal year. However, cities that 12 pay a filing fee for an audit or examination pursuant to 13 subsection 10 during the fiscal year are not required to pay 14 the periodic examination fee. The funds collected shall be 15 maintained in a segregated account for use by the office of the 16 auditor of state in performing periodic examinations conducted 17 pursuant to subsection 1 . However, if the fees collected in 18 one fiscal year exceed three six hundred seventy-five thousand 19 dollars, the auditor of state shall apply the excess funds 20 to provide training to city officials on municipal financial 21 management or shall contract with a qualified organization 22 to provide such training. Notwithstanding section 8.33 , any 23 fees collected by the auditor of state for these purposes that 24 remain unexpended at the end of the fiscal year shall not 25 revert to the general fund of the state or any other fund but 26 shall remain available for use for the following fiscal year 27 for the purposes authorized in this subsection . 28 Sec. 2. APPLICABILITY. This Act applies to fees collected 29 in fiscal years beginning on or after July 1, 2026. 30 EXPLANATION 31 The inclusion of this explanation does not constitute agreement with 32 the explanation’s substance by the members of the general assembly. 33 Code section 11.6(11) authorizes the auditor of state to 34 establish and collect a periodic examination fee from cities 35 -1- LSB 5368XD (2) 91 ss/ns 1/ 2
S.F. _____ H.F. _____ that are not required to have an audit or required fiscal year 1 examination during a fiscal year. The auditor of state is 2 required to base the fees on a sliding scale, based on the 3 city’s budgeted gross expenditures, to produce total revenue 4 of not more than $375,000 for each fiscal year. Current law 5 also requires the auditor of state to provide or contract for 6 training to city officials on municipal financial management 7 if the periodic examination fees collected in a fiscal year 8 exceed $375,000 using the excess funds. The auditor of 9 state is required to provide an annual report to the general 10 assembly’s standing committees on government oversight on the 11 status of the account created for such fees and on the required 12 examinations of cities. 13 This bill increases the $375,000 cap on total periodic 14 examination fees collected by the auditor of state to $600,000. 15 The bill also modifies the threshold amount in order to require 16 the auditor of state to provide or contract for training to 17 city officials on municipal financial management. 18 The bill applies to fees collected in fiscal years beginning 19 on or after July 1, 2026. 20 -2- LSB 5368XD (2) 91 ss/ns 2/ 2