Sec. 2115.003. STATE AGENCIES SUBJECT TO MANDATORY RECOVERY AUDITS

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(a) The comptroller shall require that recovery audits be performed on the payments to vendors made by each state agency that has total expenditures during a state fiscal biennium in an amount that exceeds $100 million. Each state agency described by this subsection shall provide the recovery audit consultant with all information necessary for the audit.
(b) The comptroller may exempt from the mandatory recovery audit process a state agency that has a low proportion of its expenditures made to vendors, according to criteria the comptroller adopts by rule after consideration of the likely costs and benefits of performing recovery audits for agencies that make relatively few or small payments to vendors.

Added by Acts 2005, 79th Leg., Ch. 403 , Sec. 1, eff. June 17, 2005. Added by Acts 2005, 79th Leg., Ch. 899 , Sec. 2.01, eff. August 29, 2005.

                    
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