An Act relative to foundation budget review commission permanence
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill seeks to permanently establish the Foundation Budget Review Commission, which was previously created on a temporary basis. The commission’s purpose is to review and analyze the budgets of the state’s private foundations. By making the commission permanent, the bill aims to ensure consistent and ongoing oversight of these foundations’ financial operations. This would allow for continued scrutiny of how these funds are allocated and managed.
Key provisions
- Establishes the Foundation Budget Review Commission as a permanent body.
- Requires the commission to review the budgets of Massachusetts’ private foundations.
- Authorizes the commission to make recommendations for budget adjustments.
- Defines the commission’s responsibilities and reporting requirements.
- Specifies the commission’s membership and operational procedures.
Who is affected
- Massachusetts private foundations
- The General Court
- State government
- Taxpayers
- Citizens of Massachusetts
Notable changes
- Transitions a temporary commission to a permanent one.
- Ensures ongoing budget review of private foundations.
Bill text
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Sponsors
Official sponsors from legislative records.
10 on record
Primary sponsor
Bradley H. Jones Jr.
Cosponsors
Bradley H. Jones Jr.
David K. Muradian Jr.
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