Potential financial misconduct came to light after a state audit of the department's 2013 records, and an employee has been fired as a result.
Dan Forestal, D-Indianapolis, is proposing outside scrutiny of the agency saying it cannot be trusted to act on its own.
An outside consulting firm's evaluation says the catalog of about 1,200 fees and taxes the bureau is responsible for is riddled with errors.
The audit shows that those using vouchers faced denial rates of 82 percent. In areas that are predominantly white, that number jumped to 90 percent.
The new update "keeps a tally of expenditures on everything from vehicles to office equipment."
Former food service employee Beth Ann Deckard allegedly took more than $8,000 from Jackson Creek Middle School.
Accounting errors led the state to temporarily forget about more than $500 million.
Energizing Indiana says it is offering free home energy audits.
After two separate mistakes caused more than 500 million tax dollars to be misplaced, an independent audit of the state Department of Revenue will take place.
The State Budget Committee has called for an audit to look into a programming error that withheld $206 million from county governments.