New Jersey S4387 mandates financial transparency and accountability for providers of intellectual and developmental disabilities services.

New Jersey S4387, the "Intellectual and Developmental Disabilities Provider Transparency and Financial Accountability Act," requires the Department of Human Services to develop a standardized chart of accounts for provider managed residences and programs. These entities must submit quarterly expenditure reports if they receive more than $250,000 annually in state and federal funds. Failure to submit these reports may result in withholding of monthly reimbursements.

New Jersey S4387 mandates financial transparency and accountability for providers of intellectual and developmental disabilities services.

New Jersey S4387, the "Intellectual and Developmental Disabilities Provider Transparency and Financial Accountability Act," requires the Department of Human Services to develop a standardized chart of accounts for provider managed residences and programs. These entities must submit quarterly expenditure reports if they receive more than $250,000 annually in state and federal funds. Failure to submit these reports may result in withholding of monthly reimbursements.