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3155
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MARVIN MANDEL, Governor
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CONDUCT AN ANNUAL AUDIT OF A FISCAL AND COMPLIANCE NATURE
OF THE ACCOUNTS AND TRANSACTIONS OF THE JUDGES' PENSION
PLAN IN PLACE OF CONDUCTING THESE AUDITS ON A BIENNIAL
BASIS. OFFICIALS OF THE JUDGES' PENSION PLAN SHALL BE
ADVISED WHETHER ANNUAL OR BIENNIAL AUDITS WILL BE
CONDUCTED.
SECTION 5. AND BE IT FURTHER ENACTED, That new
Section 208A be and it is hereby added to Article 77 -
Public Education, of the Annotated Code of Maryland (1975
Replacement Volume and 1976 Supplement) to read as
follows:
Article 77 - Public Education
208A. POST COMPLIANCE AUDITS.
AT HIS DISCRETION, THE LEGISLATIVE AUDITOR MAY
CONDUCT AN ANNUAL AUDIT OF A FISCAL AND COMPLIANCE NATURE
OF THE ACCOUNTS AND TRANSACTIONS OF THE TEACHERS'
RETIREMENT SYSTEM IN PLACE OF CONDUCTING THESE AUDITS ON
A BIENNIAL BASIS. OFFICIALS OF THE TEACHERS' RETIREMENT
SYSTEM SHALL BE ADVISED WHETHER ANNUAL OR BIENNIAL AUDITS
WILL BE CONDUCTED.
SECTION 6. AND BE IT FURTHER ENACTED, That Section
15(e) (3) of Article 77A - Higher Education, of the
Annotated Code of Maryland (1975 Replacement Volume and
1976 Supplement) be and it is hereby repealed and
reenacted, with amendments, to read as follows:
Article 77A - Higher Education
15.
(e) (3) The Legislative Auditor shall [annually]
audit all expenditures and accounts of the University,
[and report to the legislature about same] IN ACCORDANCE
WITH ARTICLE 40, SECTIONS 61B THROUGH 61E OF THE CODE.
AT HIS DISCRETION, THE LEGISLATIVE AUDITOR MAY
CONDUCT AN ANNUAL AUDIT OF A FISCAL AND COMPLIANCE NATURE
OF THE ACCOUNTS AND TRANSACTIONS OF THE UNIVERSITY
HOSPITAL IN PLACE OF CONDUCTING THESE AUDITS ON A
BIENNIAL BASIS. OFFICIALS OF THE UNIVERSITY HOSPITAL
SHALL BE ADVISED WHETHER ANNUAL OR BIENNIAL AUDITS WILL
BE CONDUCTED. THE COST OF THE FISCAL PORTION OF THE POST
AUDIT EXAMINATIONS SHALL BE BORNE BY THE UNIVERSITY
HOSPITAL.
THE COST OF THE FISCAL PORTION OF THE BIENNIAL AUDIT
EXAMINATIONS OF THE ACCOUNTS AND TRANSACTIONS OF
UNIVERSITY COLLEGE SHALL BE BORNE BY UNIVERSITY COLLEGE.
SECTION 7. AND BE IT FURTHER ENACTED, That new
Section 36A be and it is hereby added to Article 88B -
State Police, of the Annotated Code of Maryland (1969
Replacement Volume and 1976 Supplement) to read as
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