AN ACT TO CREATE THE MISSISSIPPI GRANT AND SUBGRANT ADMINISTRATION TRANSPARENCY AND ACCOUNTABILITY OF NON-GOVERNMENTAL ORGANIZATIONS ACT OF 2026; TO ESTABLISH THAT THIS ACT SHALL BE CREATED TO ESTABLISH REQUIREMENTS THAT ENHANCE OVERSIGHT, ACCOUNTABILITY AND TRANSPARENCY IN GRANT ADMINISTRATION OF STATE AND FEDERAL FUNDS; TO DEFINE RELEVANT TERMS; TO ESTABLISH GRANT PROGRAM PERFORMANCE METRICS AND REQUIREMENTS; TO ESTABLISH GRANT ADMINISTRATION, FINANCIAL REPORTING AND LEADERSHIP DISCLOSURE REQUIREMENTS; TO CLARIFY WHAT CONSTITUTES PROHIBITED ACTIVITIES FOR THE USAGE OF GRANT FUNDS; TO PROVIDE INFORMATION THAT SHALL BE SUBJECT TO AUDITS OF NON-GOVERNMENTAL ORGANIZATIONS AND QUASI-PUBLIC ENTITIES; TO REQUIRE THAT REPORTS REQUIRED BY THIS ACT SHALL BE FILED WITHIN 180 DAYS AFTER FISCAL YEAR END OF YEAR OSA PREFORMS OR DIRECTS A COMPLIANCE AUDIT; TO AUTHORIZE DFA TO ENFORCE THE POLICIES AND PROCEDURES OF THIS ACT; AND FOR RELATED PURPOSES.