HB 3098
Requires certain recipients of grant or loan moneys distributed by state agencies to submit annual reports to committees of the Legislative Assembly.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill requires organizations that receive grants or loans from state agencies to submit annual reports to the Legislative Assembly’s committees. These reports must detail how the funds were spent and include information about any political contributions made. State agencies are responsible for notifying recipients of these reporting requirements, and certain entities, like public bodies, are exempt.
Key provisions
- Recipients of state grants and loans must submit annual reports.
- Reports must include details on how funds were spent.
- Recipients must disclose political contributions made within a specified timeframe.
- State agencies must notify recipients of reporting requirements.
- Initial reports are due one year after initial funding distribution.
- Annual reports are required until all funds are expended.
- Public bodies and individual grant/loan recipients are exempt from the reporting requirements.
- Political contributions are defined according to Oregon Revised Statute 260.005.
Who is affected
- State Agencies
- Grant and Loan Recipients
- Legislative Assembly Committees
- Nonprofit Organizations
- Political Contributors
Notable changes
- Requires disclosure of political contributions alongside financial reporting.
- Establishes a framework for increased transparency in state grant and loan distribution.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
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