This bill proposes to amend the Arizona Revised Statutes by adding a new section, 41-2505, which would require nongovernmental organizations that have been awarded state contracts and operate near the state's international border to submit quarterly financial reports. These reports must be sent to the president of the senate and the speaker of the house of representatives and must include a detailed breakdown of all funding sources, including private, federal, and state monies, as well as a detailed account of all expenditures related to the awarded state contract.
The current law remains unchanged, but the new requirements introduced by this bill aim to enhance transparency and accountability for state contracts awarded to nongovernmental organizations operating in border areas.
Statutes affected: Introduced Version: 41-2505