MS HB1222

Requires state agencies to enter written agreements with recipient entities before disbursing pass-through funding, with agreements detailing criteria and reporting requirements

Changes reporting from annual (December 31) to quarterly submissions for itemized expenditure reports on state money received through pass-through funding

Transfers oversight responsibility from individual state agencies to the Department of Finance and Administration, which must consolidate reports and submit a fiscal year summary to the Joint Legislative Budget Committee by October 1

Expands definition of "state money" to specifically enumerate funds including State General Fund, Budget Contingency Fund, Capital Expense Fund, Working-Cash Stabilization Reserve Fund, Education Enhancement Fund, Healthcare Expendable Fund, and other state-support special funds

Requires the Department of Finance and Administration to create standardized forms for written agreements, quarterly reports, and final itemized reports for all state agencies to use