Citations Affected: IC 13-18-16-16.
Synopsis: Water authority audits. Requires a nonprofit water utility that is reconstituted as a
water authority to have an annual audit by a certified public accounting firm and to keep the audit
report on file. Provides that the water authority is not subject to audit or examination by the state
board of accounts, to the examination guidelines and reporting requirements of the state board
of accounts, or to certain statutes that apply to political subdivisions. (This conference
committee report returns the bill to the language that passed the House.)
Effective: July 1, 2006.
Your Conference Committee appointed to confer with a like committee from the House upon Engrossed Senate Amendments to Engrossed House Bill No. 1018 respectfully reports that said two committees have conferred and agreed as follows to wit:
that the House recede from its dissent from all Senate amendments and that the House now concur in all Senate amendments to the bill and that the bill be further amended as follows:
Delete the title and insert the following:
A BILL FOR AN ACT to amend the Indiana Code concerning the environment.
Delete everything after the enacting clause and insert the following:
with the secretary of state. When the secretary of state receives a copy
of a resolution under this subsection, the secretary of state shall dissolve
the corporate status of the nonprofit water utility for purposes of state
(f) A water authority constituted under this section shall:
(1) remain obligated under any existing contracts or agreements; and
(2) remain obligated and assume the indebtedness;
of the nonprofit water utility.
(g) Notwithstanding any other law and subject to
subsections (h) and (i), a water authority constituted under this section
is subject only to the laws applicable to nonprofit water utilities and
local water corporations and is not subject to the following:
(1) IC 5-3.
(2) IC 5-4-1.
(3) IC 5-11.
(4) IC 5-13.
(5) IC 5-14-1.5.
(6) IC 5-14-3.
(7) IC 5-22.
(8) IC 36-1-8.
(9) IC 36-1-10.
(10) IC 36-1-10.5.
(11) IC 36-1-11.
(12) IC 36-1-12.
(13) IC 36-1-15.
(h) A water authority constituted under this section is subject to IC 8-1.5-3-8 for purposes of setting rates and charges.
(i) For each fiscal or calendar year of a water authority constituted under this section that ends after December 31, 2006, the water authority:
(A) have an audit of its financial records performed by an independent certified public accounting firm; and
(B) keep the audit report on file at the water authority; and
(2) notwithstanding IC 5-11-1-9, is not subject to the following:
(A) Audit or examination by the state board of accounts.
(B) The examination guidelines and reporting requirements of the state board of accounts.
(Reference is to EHB 1018 as reprinted March 2, 2006.)
Representative Lutz J Senator Hershman
Representative Robertson Senator Lewis
House Conferees Senate Conferees