NC S1218

Requires grantees to file conflict of interest policies and written statements confirming no overdue tax debts before receiving state grant funds.

Mandates Office of State Budget and Management establish uniform rules for state grant administration including concrete measurable benchmarks, performance measures, and ongoing oversight by state agencies.

Establishes that state agencies may withhold up to 2% of grant awards for oversight costs with Office of State Budget and Management approval, with 0.5% transferred to that office for statewide grant oversight.

Requires grantees to submit performance reports based on contract benchmarks and cash-basis financial reports within 90 days of fiscal year end, with reports filed to State Auditor.

Authorizes Office of State Budget and Management and Office of Controller to suspend and recover grant funds for noncompliance, and grants State Auditor oversight authority over all grantees and subgrantees.