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Subcommittee backs HB 1567 to let VDP use Auditor of Public Accounts reports instead of separate audited statements

2124152 · January 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The House General Laws subcommittee voted unanimously to report House Bill 1567, which would allow VDP to submit its most recent Auditor of Public Accounts (APA) audit report in lieu of separate audited financial statements, a change patrons said will reduce duplication and cost.

The House General Laws Professions and Occupations and Administrative Process Subcommittee voted 7-0 to report House Bill 1567, which would permit VDP to include its annual operational plan and the most recent Auditor of Public Accounts audit report in place of separately prepared audited financial statements.

Supporters told the panel the change…

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