Bill > HB2059

This bill requires private entities receiving state grant funding to disclose specific financial and organizational information within five business days of being awarded a grant. These mandatory disclosures include: the names and wages of all employees, names and compensation of board members, political contributions made in the previous four election cycles, names of employed or contracted lobbyists, and a detailed accounting of how the grant money was spent. The bill applies to both direct and pass-through state funding and mandates that the information be made publicly accessible, such as on the entity's website. If a private entity fails to comply with these disclosure requirements, they will forfeit the entire grant amount and must reimburse the grantor. The bill defines "agency" broadly to include state and local government entities, and "private entity" as any non-public organization. Notably, the bill explicitly excludes standard business transactions for goods and services from these disclosure requirements. The legislation aims to increase transparency and accountability for organizations receiving state funds by providing the public with detailed financial information about these entities.

Business and Industry

https://app.leg.wa.gov/billsummary?BillNumber=2059&Year=2025&Initiative=false