|
SENATE DOCKET, NO. 1372 FILED ON: 1/18/2013 SENATE . . . . . . . . . . . . . . No. 1540
The Commonwealth of Massachusetts _________________ PRESENTED BY: Bruce E. Tarr _______________ To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying: An Act requiring fiscal responsibility . _______________ PETITION OF:
SENATE DOCKET, NO. 1372 FILED ON: 1/18/2013 SENATE . . . . . . . . . . . . . . No. 1540
[SIMILAR MATTER FILED IN PREVIOUS SESSION
An Act requiring fiscal responsibility . Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows: SECTION 1. Notwithstanding any general or special law, rule or regulation to the contrary, any agency that approves a state grant in excess of $500,000 to a person or a public or private entity shall submit a detailed cost benefit analysis to the joint committee on state administration and regulatory oversight no later than 30 days after authorization of said grant. The analysis shall contain: a detailed explanation of the process used for the selection of the grantee; the number of applications for the grant; an accounting of an expectation that the issuance of the grant will create or maintain existing jobs in the Commonwealth, if any; and an account of all grants received by the grantee during the present fiscal year from all other state agencies. |
