1256

LAWS OF MARYLAND

Ch. 226

BY repealing and reenacting, with amendments,

Article 19 - Comptroller

Section 40

Annotated Code of Maryland

(1973 Replacement Volume and 1977 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 19 - Comptroller

37A.

EACH COUNTY SHALL FILE WITH THE DEPARTMENT OF FISCAL

SERVICES ANNUALLY A REPORT DETAILING THE SOURCES AND AMOUNTS

OF ALL RECEIPTS AND DISBURSEMENTS OF ALL SPECIAL TAXING

DISTRICTS WITHIN THE COUNTY DURING THE PRECEDING FISCAL

YEAR. THE REPORTS SHALL BE FILED NOT LATER THAN NOVEMBER 1

ON FORMS PRESCRIBED BY THE DEPARTMENT FOR THAT PURPOSE.

40.

(A) Each county, incorporated city or town and taxing
district situated within the State shall have its books,
accounts, records and reports examined at least once during
each fiscal year by the persons and for the purposes
specified in this section. Said examination may be made by
any one of the following persons or agencies at the election
of the county, incorporated city or town and taxing district
whose books, accounts and records are subject to audit: The
Legislative Auditor, an official auditor of any county or
incorporated city; a certified public accountant or a
registered public accountant; or the fiscal or auditing
committee, of each such county, incorporated city or town
and taxing district, provided that the official auditor,
registered public accountant or fiscal or auditing committee
shall be approved by the Legislative Auditor for the
purposes specified in this section. On such examination,
inquiry shall be made into the methods, accuracy and
legality of the accounts, records, files and reports of each
county, incorporated city or town and taxing district
situated within this State. The Legislative Auditor has
the power upon his own initiative to audit the books,
records and reports of any county, incorporated city or town
or taxing district. Any county, incorporated city or town
or taxing district may request the Legislative Auditor to
audit its books, records and reports, the costs of the
examination to be borne by the subdivision. If the audit
provided in this section is made by any certified public
accountant or registered public accountant or the fiscal
auditing committee of any county, incorporated city, town
and taxing district or official auditor of any county or
incorporated city, such certified public accountant or
registered public accountant or fiscal auditing committee or
official auditor of any county or incorporated city, as the