HOUSE BILL No. 4609 May 4, 1999, Introduced by Rep. Jamnick and referred to the Committee on Local Government and Urban Policy. A bill to amend 1957 PA 200, entitled "An act to provide for the creation by 2 or more municipalities of an intermunicipality committee for the purpose of studying area problems; and to provide authority for the committee to receive gifts and grants," (MCL 123.631 to 123.636) by adding section 7. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 SEC. 7. (1) THE INTERMUNICIPAL COMMITTEE SHALL OBTAIN AN 2 AUDIT OF ITS FINANCIAL RECORDS, ACCOUNTS, AND PROCEDURES NOT LESS 3 FREQUENTLY THAN BIENNIALLY AS DETERMINED BY THE INTERMUNICIPAL 4 COMMITTEE. 5 (2) THE INTERMUNICIPAL COMMITTEE SHALL SUBMIT THE RESULTS OF 6 AN AUDIT UNDER SUBSECTION (1) TO THE STATE TREASURER. 7 (3) AN AUDIT UNDER SUBSECTION (1) SHALL SATISFY ALL AUDIT 8 REQUIREMENTS SET FORTH IN THE UNIFORM BUDGETING AND ACCOUNTING 9 ACT, 1968 PA 2, MCL 141.421 TO 141.440A. 00943'99 a FDD