Kennedy: WBRZ reports forced proposed law, regulation
BATON ROUGE- State Treasurer John Kennedy hopes lawmakers will back a proposal to regulate non-profits that receive state money.
The groups have been under Kennedy's microscope since some have failed to submit paperwork outline how taxpayer money was spent. Following a series of WBRZ News 2 Investigative Unit reports about the situation, lawmakers are poised to make changes.
"The bill wouldn't be before the legislature if it wasn't for the reporting by Channel 2," Kennedy said Tuesday.
Kennedy said over the past few years, the groups have received $500 million in public funds and he believes the organizations should be more open about how the money is used.
The plan Kennedy is pushing requires the groups to have open meetings where the public can attend and give state auditors access to financial records.
The proposal is up for discussion, and action, before lawmakers soon.
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