December 10, 2015, Introduced by Senator YOUNG and referred to the Committee on Education.
A bill to amend 1976 PA 451, entitled
"The revised school code,"
(MCL 380.1 to 380.1852) by adding section 435.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 435. (1) Within 120 days after the effective date of this
section, and at least once every 6 years after that date, the
department of treasury shall conduct or arrange for a forensic
audit of a first class school district's contracts and other
agreements. As used in this section, "forensic audit" means an
audit that is designed to determine whether there has been any
violation of law or of generally accepted governmental accounting
practices.
(2) After conducting the forensic audit under subsection (1),
if the department of treasury finds that there has been any
violation of law or of generally accepted governmental accounting
practices, the department of treasury shall promptly take action as
necessary to correct the situation, including, but not limited to,
reporting any violation of law to an appropriate law enforcement
agency for investigation and possible prosecution.