|Posted:||January 17, 2019 02:26 PM|
|From:||Representative Zachary Mako|
|To:||All House members|
|Subject:||Title 53 Amendment|
|In the near future, I plan to reintroduce former House Bill 1034 from last session. It would create a system of financial best practices for municipal authorities across the state to use when handling the money they collect.
The Municipal Authorities Association has worked to develop a number of legislative changes that will make it harder for an individual to misappropriate any money collected by a municipal authority. Some of the changes that this legislation would make are: removing any individual names from municipal accounts, creating a standardized procedure for the handling of authority’s funds, and requiring annual audits and fiscal reports to be presented to the authority board.
Please join with me in co-sponsoring this important legislation that will add common sense financial protections.
Previous cosponsors: RYAN, DUNBAR, MACKENZIE, JAMES, MILLARD, D. COSTA, SOLOMON, WARD, SAYLOR, ZIMMERMAN, PHILLIPS-HILL AND MICCARELLI
Introduced as HB264