Maryland HB905 mandates annual reporting on state and local government funding use by recipients.

Maryland HB905 requires state and local government funding recipients to report annually to the Comptroller on the use of funds. This includes details on contractors and subcontractors, such as their addresses, number of employees, work locations, and whether they are certified minority businesses. The Comptroller must then consolidate this information and submit a report to the General Assembly by December each year. The bill also repeals and reenacts certain sections of the State Finance and Procurement Article and adds new provisions to the Tax-General Article.

Maryland HB905 mandates annual reporting on state and local government funding use by recipients.

Maryland HB905 requires state and local government funding recipients to report annually to the Comptroller on the use of funds. This includes details on contractors and subcontractors, such as their addresses, number of employees, work locations, and whether they are certified minority businesses. The Comptroller must then consolidate this information and submit a report to the General Assembly by December each year. The bill also repeals and reenacts certain sections of the State Finance and Procurement Article and adds new provisions to the Tax-General Article.