A BILL TO BE ENTITLED
AN ACT to revise the responsibilities of the state auditor by removing the state auditor from ex officio membership on the committee on actuarial valuation of retired employees' health benefits and by solidifying the state auditor's role in auditing schools in the university of north carolina system.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 135‑48.12(b)(2) is repealed.
SECTION 2.  G.S. 116‑30.8 reads as rewritten:
"§ 116‑30.8.  Special responsibility constituent institutions: annual audit by State Auditor.
Each special responsibility constituent institution shall be audited annually by the State Auditor. The audit shall be provided to the Chancellor and Board of Trustees of the special responsibility institution, and the Board of Governors of The University of North Carolina. The audit shall also be included in the State's Comprehensive Annual Financial Report (CAFR).
The Board of Governors of The University of North Carolina shall ensure that all special responsibility constituent institutions are audited in accordance with this section."
SECTION 3.  This act becomes effective October 1, 2013.