Connecticut General Statutes
Chapter 506 - Veterans
Section 27-138e. - Annual independent audit of fund expenditures. Audit report.

(a) The American Legion shall, on or before January fifteenth annually, cause an independent audit to be conducted of the expenditures of the Soldiers, Sailors and Marines Fund, described in section 27-138. Such audit shall be conducted in accordance with sections 4-230 to 4-236, inclusive, and regulations adopted pursuant to section 4-236. The audit report shall include: (1) A list of expenditures authorized pursuant to section 27-140 that describes the type, and includes the assistance amount and the number of recipients, of each expenditure for each month; and (2) a detailed description of the administrative and operating expenditures incurred by the American Legion in administering the fund, along with the names, titles and compensation of all staff administering the operations of the fund.

(b) Not later than seven business days after the date on which the American Legion receives the audit report of the independent audit described in subsection (a) of this section, the American Legion shall submit to the Auditors of Public Accounts, the Office of Policy and Management, and the joint standing committees of the General Assembly having cognizance of matters relating to appropriations and the budgets of state agencies and veterans' and military affairs a copy of such report. The American Legion shall make such report available to the public in an electronic format.
(P.A. 13-247, S. 122; P.A. 14-217, S. 62.)
History: P.A. 13-247 effective July 1, 2014; P.A. 14-217 amended Subsec. (a) by changing independent audit from biennial to annual, limiting audit to expenditures of fund, deleting former Subdivs. (1), (2) and (4) to (6) re items to be included in audit report, redesignating existing Subdiv. (3) as Subdiv. (1) and amending same to require inclusion of list of expenditures authorized pursuant to Sec. 27-140 with assistance amount and number of recipients per month, and adding new Subdiv. (2) re inclusion of detailed description of administrative and operating expenditures and certain staff information, and amended Subsec. (b) by changing recipients of audit report from Treasurer to Auditors of Public Accounts and Office of Policy and Management and from finance, revenue and bonding committee to appropriations and the budgets of state agencies committee and by eliminating requirement that report be made available to public in paper format, effective July 1, 2014.

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