Establishes an external audit committee to oversee the University of Hawaii and its board of regents.
The bill creates an external audit committee to audit the University of Hawaii and its board of regents, ensuring accountability and transparency. The committee includes the auditor, a member appointed by the governor, a member appointed by the chief justice, and other invited members. It meets at least twice a year, reviews its effectiveness annually, and submits a report to the governor, chief justice, and legislature before each regular session. The committee is exempt from certain provisions but adheres to chapter 84.
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