HBA-SEP, CBW H.B. 609 77(R) BILL ANALYSIS Office of House Bill AnalysisH.B. 609 By: Hochberg State Affairs 2/21/2001 Introduced BACKGROUND AND PURPOSE Current law requires a state agency that has an annual operating budget that exceeds $10 million, a staff of more than 300 employees, or receives and processes cash items in excess of $10 million annually, to appoint an internal auditor. This excludes smaller agencies that may be able to improve performance by identifying problems through an internal audit. House Bill 609 extends the internal audit requirement to all state agencies. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. ANALYSIS House Bill 609 amends the Government Code to make the Texas Internal Auditing Act applicable to all state agencies. The bill requires all state agencies that become subject to the Texas Internal Auditing Act to appoint an internal auditor by January 1, 2002, and to begin submitting an annual report by October 31, 2002. EFFECTIVE DATE September 1, 2001.