§13063-O. Microenterprise initiative fund program review
1.
Accounting and reporting requirements.
The department shall:
A.
Maintain an accurate accounting of the use of all program funds as required by state procedures and program guidelines, including a detailed accounting of all program funding sources and expenditures; and
[PL 2009, c. 337, §4 (AMD).]
B.
[PL 2009, c. 337, §4 (RP).]
C.
Each year, submit a report to the joint standing committee of the Legislature having jurisdiction over business, research and economic development matters. The report must include:
[PL 2017, c. 264, §7 (AMD).]
(1)
An accounting of the use of all program funds received and expended since the program's inception;
(2)
A summary of the status of any approved projects;
(3)
A summary of the results of any completed projects;
(4)
Evaluation data and assessment consistent with section 13070‑P; and
(5)
Other information required to be submitted and evaluated by the joint standing committee of the Legislature having jurisdiction over business, research and economic development matters.
[PL 2017, c. 264, §7 (AMD).]
2.
Report.
The department shall report no later than January 15th of each year.
[PL 2003, c. 451, Pt. MMM, §1 (NEW).]
3.
Rulemaking.
The department shall adopt major substantive rules pursuant to chapter 375, subchapter 2‑A to implement this section.
[PL 2003, c. 451, Pt. MMM, §1 (NEW).]
SECTION HISTORY
PL 2003, c. 451, §MMM1 (NEW). PL 2009, c. 337, §4 (AMD). PL 2017, c. 264, §7 (AMD).