California Assembly Bill 400 (2009)
From Sunshine Review
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- See also: California Public Records Act
The California legislature passed transparency legislation, requiring the state to post its expenditures over $5,000 online with contextual information detailing the expense's purpose.[1]
The bill was AB 400, amending the state's transparency laws and requiring it to post the purpose of and record of any spending above $5,000. Governor Arnold Schwarzenegger signed an executive order earlier in the year requiring all contracts over $5,000 to be posted on his website, but this bill would codify it in California law.
It is still not clear about how the data is to be presented, according to the bill. The bill does not call for a requirement that the expenditure postings be searchable or downloadable.
The California legislature agreed long ago on a comprehensive overhaul of the financial management system, the overhaul result is called FISCal. FISCal was supposed to be a single integrated system managing resources and dollars in the areas of budgeting, accounting, procurement, cash management, financial management, financial reporting, etc. The information required of this bill would be inserted into this system.[1]
