Washington HB2672 mandates private entities receiving state funding to disclose employee compensation, political contributions, and grant spending.

HB2672 requires agencies awarding state-funded grants to ensure private entities disclose specific information as part of their application or renewal process. This includes the names and compensation of employees earning over $100,000, past public office holders, board members and their compensation, political contributions, and a spending plan for the grant funds. Noncompliance results in forfeiture of the grant and reimbursement of funds. The Office of Financial Management will maintain a publicly searchable database of these disclosures.

Washington HB2672 mandates private entities receiving state funding to disclose employee compensation, political contributions, and grant spending.

HB2672 requires agencies awarding state-funded grants to ensure private entities disclose specific information as part of their application or renewal process. This includes the names and compensation of employees earning over $100,000, past public office holders, board members and their compensation, political contributions, and a spending plan for the grant funds. Noncompliance results in forfeiture of the grant and reimbursement of funds. The Office of Financial Management will maintain a publicly searchable database of these disclosures.