Sec. 16. (a) The commission may:
(1) audit; or
(2) contract with a qualified person to audit;
a state educational institution's use of a gift disclosed under section 10 of this chapter that the state educational institution received after June 30, 2021, and before July 1, 2024.
(b) The commission may:
(1) audit; or
(2) contract with a qualified person to audit;
a state educational institution's use of the proceeds of a contract disclosed under section 13 of this chapter that the state educational institution entered into after June 30, 2021, and before July 1, 2024.