Bill > H3443

This bill amends the South Carolina Code of Laws by adding a new section that requires state agencies receiving grants to maintain and document two key pieces of information: First, an itemized list of any matching funds that the agency is providing to support the grant, and second, a summary of all conditions associated with the grant that the agency must comply with in order to receive and spend the grant money. This new reporting requirement aims to increase transparency by ensuring that state agencies provide clear documentation about the financial contributions and obligations related to grants they receive from any source. The bill would become effective immediately upon approval by the Governor, which means the new reporting requirements would apply to grants received after that date.

Budget and Finance

https://www.scstatehouse.gov/billsearch.php?billnumbers=3443&session=126&summary=B