H3854

South Carolina H3854 mandates transparency and accountability for organizations receiving state funds by requiring detailed spending reports and.

South Carolina H3854, the "Earmark Responsibility, Accountability, Integrity, and Transparency Act," requires organizations to provide detailed spending reports and itemized accountings to state agencies and the Executive Budget Office before receiving funds. After receiving funds, organizations must submit quarterly spending updates and, upon expenditure, a final itemized accounting. These reports must include copies of receipts for purchases and procurements. If unexpended funds remain unjustified, the director may require their return.