Florida Senate - 2012 SENATOR AMENDMENT Bill No. SB 1996 Barcode 474518 LEGISLATIVE ACTION Senate . House . . . Floor: 2/AD/2R . 02/23/2012 06:44 PM . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— Senators Benacquisto and Gibson moved the following: 1 Senate Substitute for Amendment (714432) (with title 2 amendment) 3 4 Delete lines 165 - 697 5 and insert: 6 Section 3. The Auditor General and the Office of Program Policy 7 Analysis and Governmental Accountability shall conduct a joint 8 audit and review of the programs and operations of the Florida 9 Housing Finance Corporation, and shall jointly develop a work 10 plan for such audit and review to be submitted to the President 11 of the Senate and the Speaker of the House of Representatives no 12 later than July 1, 2012. The audit and review shall encompass, 13 at a minimum, a review of the corporation’s assets, liabilities, 14 income, and operating expenses, the internal management, 15 financial and operational controls employed, the programmatic 16 decision-making processes used, the governance, direction and 17 oversight provided by the Florida Housing Finance Corporation 18 Board of Directors, and the performance outcomes of the programs 19 administered by the Florida Housing Finance Corporation. The 20 audit and review shall also include formulation of 21 recommendations to the Legislature for changes to the structure, 22 governance and operational processes of the Florida Housing 23 Finance Corporation. Unless otherwise directed in writing 24 jointly by the President of the Senate and the Speaker of the 25 House of Representatives, a written report on the audit and 26 review shall be submitted to the President of the Senate and the 27 Speaker of the House of Representatives no later than December 28 1, 2012. This section shall be effective upon this act becoming 29 law. 30 31 (and renumber subsequent sections) 32 33 ================= T I T L E A M E N D M E N T ================ 34 And the title is amended as follows: 35 Delete lines 12 - 123 36 and insert: 37 requiring the Auditor General and the Office of 38 Program Policy Analysis and Governmental 39 Accountability to conduct a joint audit and review of 40 the Florida Housing Finance Corporation; amending s.