CS/SB 242 — Fiscal Accountability
by Governmental Oversight and Accountability Committee and Senator Garcia
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Prepared by: Governmental Oversight and Accountability Committee (GO)
The bill requires any nonprofit organization that receives state funds through a contract with the State, on or after July 1, 2023, to post documents that indicate the amount of state funds it used for the remuneration of its board of directors or officers to the Florida Accountability Contract Tracking System (FACTS).
The bill requires state entities that execute, amend, or extend a contract with a nonprofit organization on or after July 1, 2023, to include in the contract a requirement that the nonprofit provide documentation evincing its use of state funds for remuneration on a per?contract and per-allocation basis. The required documentation must specify the amounts and recipients of the remuneration. The bill also requires a state entity to post this documentation to the FACTS, and the nonprofit organizations to post this documentation to its website, if it maintains one.
If approved by the Governor, or allowed to become law without the Governor’s signature, these provisions take effect July 1, 2023.
Vote: Senate 39-0; House 113-0