Bill > H17

This bill creates a new special revenue fund called the Office of the Inspector General Recovery Fund, which will be established as a separate account for the Massachusetts Office of the Inspector General. The fund will be non-budgeted and will receive money from civil recoveries, settlement funds, and recoupment of administrative and investigatory costs. The fund can also earn and be credited with interest. The key provision is that the money in this fund can be spent directly by the Office of the Inspector General for operational, administrative, and investigatory purposes, without requiring additional legislative appropriation. Any unspent money at the end of a fiscal year will remain available for use in future years, and the bill includes a safeguard that prevents the fund from going into deficit. This type of fund provides the Inspector General with more financial flexibility and a dedicated source of funding for its work, which typically involves investigating potential fraud, waste, or abuse in government operations.

Government Affairs

https://malegislature.gov/Bills/194/H17