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Fri Jun 9, 2017, 12:46 AM

After Gear Up, EB-5 scandals, lawmakers look for transparency in tracking funds

Opening up reports about groups that administer state and federal funds could help avert scandals like Gear Up and EB-5, lawmakers said Tuesday.

Sen. Deb Peters, R-Hartford, said she'd like to bring legislation in 2018 that would require private groups that receive state funds to publicly share their audits. Groups that receive pass-through funds through those contractors should be publicly probed as well, she said.

The calls for new law came Tuesday in Sioux Falls as the Government Operations and Audit Committee considered testimony about a pair of probes aimed at assessing the misuse of state and federal funds at a Platte educational cooperative.

"If we put those as public, that allows one more level of public scrutiny that could happen, that maybe we could have caught something with Gear Up a little bit sooner," she told Argus Leader Media.

Read more: http://www.argusleader.com/story/news/politics/2017/06/06/after-gear-up-eb-5-scandals-lawmakers-look-transparency-tracking-funds/373649001/

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