AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE AUDITORS OF PUBLIC ACCOUNTS CONCERNING OVERSIGHT OF STATE AGENCY GRANTS.

HB 5255 requires state agencies to implement standardized oversight for legislatively earmarked grants (funds specifically authorized by law). It mandates the Secretary of Policy and Management to create a standard contract template, establish training for agency staff on grant management, and require annual reporting of all grant awards and subawards by state agencies. The bill directly affects state agencies distributing grants and their subrecipients, requiring them to use the new template by January 1, 2027, and submit detailed reports by December 1 annually. Key provisions include standardized contract terms, verification of subrecipient eligibility, and annual reporting to legislative committees for transparency. (Effective October 1, 2026 for development, January 1, 2027 for implementation)