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Senate adopts substitute to expand financial transparency for all political subdivisions
Summary
A second substitute to Senate Bill 99 removes budget-size exemptions and requires all political subdivisions, including special service districts, to post financial information and governing-body contact details on the public notice/transparency website; the substitute passed on a roll call.
Senator Henderson introduced and explained the second substitute to SB99, which retains the original financial-transparency requirements and adds a requirement that special service districts post contact information for each governing-body member to the public notice website.
The substitute removes the prior size and budget exemptions so that all political subdivisions must post financial information on the state's transparency site. Senators questioned the potential expense and technical burden for small towns; Henderson said the fiscal note reflects some initial costs distributed across roughly 280 currently exempt subdivisions and that the state auditor and division of finance have committed to providing assistance to small entities.
Following discussion, Henderson waived summation and the substitute was read for a third time; the roll-call result was recorded as 24 yay votes, 1 nay and 4 absent.
