Establishes centralized reporting requirements for recipients of public funds in Ohio.
The bill mandates that recipients of public funds in Ohio submit annual reports to the state's Director of Budget and Management. These reports must detail expenditures, project progress, compliance with laws, and indirect costs. The centralized reporting system aims to enhance oversight and evaluation of grant, loan, and contract programs. Recipients must also allow state agencies access to their facilities for compliance reviews. The system is set to be operational within a year of the bill's enactment.
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