LOCAL GOV FRAUD TASK FORCE ACT

Creates the Local Government Fraud Prevention Task Force Act. Requires the Task Force to make recommendations for improving fraud prevention, detection, and investigation in local government including: (1) monitoring the creation and reporting of bank accounts used by local governments; (2)expanding the investigative and prosecutorial capabilities of the State in regard to fraud at the local level; (3) examining the scope and standard practices of government auditing and accounting; (4) examining existing transparency laws; and (5) exploring possibilities for training new government officials on financial oversight responsibilities and powers. Provides that, the Department of Central Management Services shall provide administrative support to the Task Force as needed. Provides that, on or before December 31, 2026, the Task Force shall report its recommendations by filing copies of its report with the Governor and the General Assembly. Dissolves the Task Force upon the filing of the report. Provides that the Act is repealed on January 1, 2028. Effective immediately.