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MA S1664

MA S1664
Requiring the disclosure of public funding


summary

Introduced
04/15/2015
In Committee
04/21/2016
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation to require the disclosure of public funding. State Administration and Regulatory Oversight.

AI Summary

This bill requires any "entity," which is broadly defined to include various business structures like corporations, partnerships, and limited liability companies, to disclose when it receives "financial support" from the Commonwealth of Massachusetts. Financial support is defined as funds received through the appropriations process, capital bonds, grants over $10,000, funds from a trust where the Commonwealth acts as a fiduciary, or tax credits totaling at least $100,000 in a fiscal year. This disclosure must be printed on the entity's letterhead and all other public-facing electronic and printed materials, as well as prominently displayed on its website, and must at least acknowledge that the entity receives financial support from the Commonwealth.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Rules (on 04/21/2016)

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