Requiring certain disclosures from private entities that receive state funding.
First reading, referred to Technology, Economic Development, & Veterans.
Summary
The bill forces any private organization that receives a state grant—or a sub‑grant—to fill out a disclosure form listing high‑paid employees, former public officials, board members and their pay, political contributions, and a budget for the grant money. State and local agencies must provide the form, verify the information, and send all completed forms to the Office of Financial Management, which will post them online. Failure to comply can cause the grant to be forfeited and the recipient must repay the funds.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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