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Holly Richardson: Financial responsibility for governmental nonprofits would be enhanced by SB26

There is a bill on Utah’s Capitol Hill that is generating some interest - and some turmoil in the nonprofit community. Senate Bill 26, “Governmental Nonprofit Corporation Act Amendments,” requires board members for governmental nonprofits to be trained in best practices for financial controls and for board governance.

Seems pretty straight-forward: Make sure that organizations spending taxpayer dollars actually have board members with some training on financial controls, including fraud prevention.

This bill came as a response to a report by the Legislative Auditor General in May 2018, looking at internal controls of “nonprofits associated with governments.