Beginning February 1, 2001, the District of Columbia Auditor shall conduct biennial audits of the University of the District of Columbia's Endowment Fund (“Fund”) . The Auditor shall provide the Council with a report on the status of the Fund not later than February 1 of each year of the biennial audit.
CREDIT(S)
(Oct. 19, 2000, D.C. Law 13-172, § 2407, 47 DCR 6308.)
HISTORICAL AND STATUTORY NOTES
Emergency Act Amendments
For temporary (90-day) authorization of biennial audits of endowment fund, see § 2407 of the Fiscal Year 2001 Budget Support Emergency Act of 2000 (D.C. Act 13-376, July 24, 2000, 47 DCR 6574).
For temporary (90 day) amendment of section, see § 2407 of the Fiscal Year 2001 Budget Support Congressional Review Emergency Act of 2000 (D.C. Act 13-438, October 20, 2000, 47 DCR 8740).
Legislative History of Laws
Law 13-172, the “Fiscal Year 2001 Budget Support Act of 2000,” was introduced in Council and assigned Bill No. 13-679, which was referred to the Committee of the Whole. The Bill was adopted on first and second readings on May 15, 2000, and June 6, 2000, respectively. Signed by the Mayor on June 26, 2000, it was assigned Act No. 13-175 and transmitted to both Houses of Congress for its review. D.C. Law 13-172 became effective on October 19, 2000.