SENATE DOCKET, NO. 315 FILED ON: 1/13/2017
SENATE . . . . . . . . . . . . . . No. 1770
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The Commonwealth of Massachusetts
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PRESENTED BY:
Bruce E. Tarr
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act requiring fiscal responsibility.
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PETITION OF:
Name: | District/Address: |
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Bruce E. Tarr | First Essex and Middlesex |
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Ryan C. Fattman | Worcester and Norfolk | 2/3/2017 |
Richard J. Ross | Norfolk, Bristol and Middlesex | 3/3/2017 |
SENATE DOCKET, NO. 315 FILED ON: 1/13/2017
SENATE . . . . . . . . . . . . . . No. 1770
By Mr. Tarr, a petition (accompanied by bill, Senate, No. 1770) of Bruce E. Tarr and Ryan C. Fattman for legislation to require fiscal responsibility. State Administration and Regulatory Oversight. |
The Commonwealth of Massachusetts
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In the One Hundred and Ninetieth General Court
(2017-2018)
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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.