N.C. Bill Would Require Nonprofits to Provide Financial Data Upon Request

The North Carolina House of Representatives has approved a bill that would require nonprofit organizations that receive government money to provide financial statements to anyone who makes a written request, says the Wilmington StarNews.

The bill—introduced by Rep. Carolyn Justice, a Republican—follows a controversy over a nonprofit group that received city and county money to plan the commissioning of a ship but was slow to say how it was spent. It would require nonprofits to give details about how much government money they received and how they used it.

A couple of legislators expressed concern that the bill did not address for-profit companies as well.

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