Parliament's Economy and IT Committee on Monday submitted a bill that would expand the legal sphere of influence of the State Audit Office (ASZ).
The new law could come into force from July 1, said committee chairman Antal Rogan. It is expected to become the first law requiring a two-thirds majority to amend since the country's new constitution was approved, he added..
The new law shows the elevated importance for Hungary of auditing the use of public monies, Rogan said.
The aim of the proposed legislation is to give ASZ more rights, including the right to sanction, he said. The proposed legislation also takes into account ASZ's role in the new Fiscal Council, he added.
Under the proposed legislation, parties who fail to cooperate in an ASZ audit may face up to three years in prison.