Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 440 enhances audit and reporting requirements for self-directed and semi-independent financial regulatory agencies. It mandates periodic financial, performance, and effectiveness audits at least every six years, with the costs borne by the agencies. Reports submitted to state authorities must include expanded data on financial operations, enforcement activities, and key performance metrics over a five-year trend, ensuring greater transparency and accountability.
Author (1)
Contact the Author
Sen. Juan Hinojosa
Capitol Phone:
(512) 463-0120
Capitol Office:
CAP 3E.6
E-Mail:
