Bill > S1729

This bill requires any state agency that approves a grant of over $500,000 to a person or entity to submit a detailed cost-benefit analysis to the joint committee on state administration and regulatory oversight within 30 days of authorizing the grant. This analysis must include how the grantee was chosen, how many applications were received, an assessment of whether the grant will create or maintain jobs in the Commonwealth, and a list of all other state grants the grantee has received in the current fiscal year. The "joint committee on state administration and regulatory oversight" is a legislative committee responsible for overseeing state agencies and regulations.