State House committee calls for increased oversight of New Hampshire Children’s Scholarship Fund spending – The Times of India
A House committee in New Hampshire is considering legislation that would require greater oversight of the Children's Scholarship Fund - New Hampshire (CSF NH) by mandating that the organization be incorporated within the state. According to local media outlet indepthnh.org, House Bill 483, introduced by Rep. David Luneau, seeks to ensure transparency in the administration of two major scholarship programs funded by taxpayer dollars.The need for oversightCurrently, CSF NH operates under the national Children’s Scholarship Fund, which is based in New York City. As a result, there is no separate IRS 990 filing for its New Hampshire operation. The 990 form provides details on executive salaries and the allocation of funds, including administrative expenses. Luneau and other supporters of the b...