MS Grant and Subgrant Administration Transparency and Accountability of Non- Governmental Organizations Act; create.

SB 2630 creates the "Mississippi Grant and Subgrant Administration Transparency and Accountability of Non-Governmental Organizations Act of 2026" to improve oversight of state and federal grant funds given to nonprofits and quasi-public entities. It requires these organizations to submit detailed annual financial reports showing fund usage, set measurable program goals, and disclose leadership backgrounds (including past violations or criminal history). The bill prohibits using grant funds for partisan political activities and mandates that agencies suspend payments for missed reporting deadlines or unmet performance metrics, with termination possible after 120 days. All reports must be filed within 180 days after the fiscal year ends, and failure to comply risks immediate grant termination and a three-year ban on future funding.