SB1481 — Comptroller, State - As enacted, clarifies that the Local Government Modernization Act of 2005 creates an ongoing, rather than one-time, duty of the comptroller of the treasury to ensure local governments are in compliance with the accounting and financial reporting standards established by the Governmental Accounting Standards Board. - Amends TCA Title 9, Chapter 3, Part 4.

SB1481 — Comptroller, State - As enacted, clarifies that the Local Government Modernization Act of 2005 creates an ongoing, rather than one-time, duty of the comptroller of the treasury to ensure local governments are in compliance with the accounting and financial reporting standards established by the Governmental Accounting Standards Board. - Amends TCA Title 9, Chapter 3, Part 4. · Informed CitizenryThe bill amends Tennessee Code Annotated, Title 9, Chapter 3, Part 4, regarding compliance with accounting and financial reporting standards established by the Governmental Accounting Standards Boa…Open in Informed Citizenry