Requires eligibility criteria for grants; prohibits an organization from receiving a grant if an officer or employee is compensated in an amount greater than the governor’s annual compensation or has an employee of a state agency or elected official on its governor board; requires an organization that received more than 50% of revenues from state funds to submit a certified financial audit and prohibits any officer or member of the governing board to have been convicted of any offense involving theft, fraud, embezzlement, or other misuse or misappropriation of funds or properties; requires a state agency to report if a recipient is determined ineligible; requires all applications to include the purpose of the grant, eligibility requirements, proposed geographic service area, reporting requirements, and certification of eligibility; requires a detailed accounting of the use of any grant proceeds, description of program outcomes, and portion spend on operating expenses; requires prompt report any comments or concerns received about fraud or waste for a grant; requires the
books, records, documents, and accounting procedures and practices of a grantee receiving a grant of more than $500,000 be subject to examination by the granting state agency, legislative auditor, and/or state auditor, for two years prior to the grant and during the term of the grant.