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HF 2879

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/15/2023 09:09am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17 1.18 1.19 1.20 1.21 2.1 2.2 2.3 2.4 2.5
2.6

A bill for an act
relating to capital investment; requiring a closeout evaluation of a capital project
grant at the termination of the grant agreement; proposing coding for new law in
Minnesota Statutes, chapter 16A.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [16A.861] CAPITAL PROJECT CLOSEOUT EVALUATION REQUIRED.
new text end

new text begin Subdivision 1. new text end

new text begin Closeout evaluation required. new text end

new text begin A state entity that issues a grant to a
grantee for a capital project, regardless of the source of state funding for the grant, must
evaluate the grantee's performance on the grant at the termination of the grant agreement.
The state entity must provide the following information to the commissioner within 90 days
of the termination of the grant agreement:
new text end

new text begin (1) the grantee name, grant amount, period of the grant award, and the amount of the
grant spent;
new text end

new text begin (2) a description of the capital project and public purpose for which the grant was issued;
new text end

new text begin (3) if applicable:
new text end

new text begin (i) additional conditions placed on the grant as part of a review process prior to the grant
being issued;
new text end

new text begin (ii) any fraud, waste, or abuse concerns associated with grant performance; and
new text end

new text begin (iii) the reason for early termination of the grant;
new text end

new text begin (4) the status of the capital project;
new text end

new text begin (5) the status of monitoring and financial reconciliation results;
new text end

new text begin (6) any significant changes that arose during the grant period; and
new text end

new text begin (7) the status of any financial or audit concerns involving the grantee.
new text end

new text begin Subd. 2. new text end

new text begin Closeout evaluation information. new text end

new text begin The commissioner must make closeout
evaluations described in subdivision 1 available for review by other state entities upon
request.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective August 1, 2023.
new text end