Ordered, That the House Committee on Post Audit and Oversight shall conduct an investigation into the use of off-budget trust accounts by the executive branch between the years 2009 and 2014, inclusive, for funding tourism, economic development and other initiatives using public dollars without authorization from the general court; and be it further
Ordered, That said investigation shall include, but not be limited to, a review of those accounts administered by the state’s Housing and Economic Development office that were fully or partially funded by state quasi-public agencies such as, but not limited to, Massport, the Mass Tech Collaborative, the Massachusetts Convention Center Authority, the Mass Growth Capital Corporation and MassDevelopment; and be it further
Ordered, That said investigation shall determine whether the deposit or expenditure of funds from any of these accounts constituted a violation of any state or federal laws or regulations, including, but not limited to, Chapter 30B; and be it further
Ordered, That said investigation shall determine whether any of these trust accounts were ever subject to a formal audit during the time period in question; and be it further
Ordered, That the House Committee on Post Audit and Oversight shall provide a detailed accounting of all deposits and expenditures from these accounts, including the recipients of any funds from these accounts and the current balances, if any, remaining in these accounts; and be it further
Ordered, That the House Committee on Post Audit and Oversight shall, based on the results of its investigation, make recommendations for implementing appropriate corrective measures to ensure proper oversight and legislative approval of similar trust accounts that utilize public dollars in the future, including regular audits of said accounts; and be it further
Ordered, That the House Committee on Post Audit and Oversight file a report on its findings, along with any legislative recommendations, with the Clerk of the House and the Chairman of the House Ways and Means Committee by September 9, 2015.
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