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WV HB3307
Bill
Status
3/11/2025
Primary Sponsor
Gary Howell
Click for details
AI Summary
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Non-governmental organizations (NGOs) and nonprofit corporations receiving $100,000 or more in state grants, awards, tax credits, or other funding are prohibited from spending more than 15% of those funds on administrative costs
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Organizations receiving $100,000 or more in state funding must file an annual financial report with the West Virginia State Auditor, including a sworn statement of expenditures
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The financial report must demonstrate that funds were spent for their intended purposes and that administrative costs remained within the 15% limit
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All NGOs and nonprofits receiving $100,000 or more in state funding are subject to annual audit by the West Virginia State Auditor
Legislative Description
Requiring annual audit of non-governmental organizations (“NGOs”) that receive money from the state
Boards and Commissions
Last Action
To House Government Organization
3/11/2025