SF 230

Introduction - 94th Legislature (2025 - 2026)

Posted on 07/02/2025 10:36 a.m.

A bill for an act
relating to economic development; requiring consultation and reports on grants
that exceed a certain dollar threshold; amending Minnesota Statutes 2024, section
116L.98, by adding a subdivision.

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

Section 1.

Minnesota Statutes 2024, section 116L.98, is amended by adding a subdivision
to read:

new text begin Subd. 8. new text end

new text begin Requirements for grants of $500,000 or more. new text end

new text begin (a) Before issuing any economic
development or workforce development grant of $500,000 or more, and before implementing
any new grant program, the commissioner must submit draft measurements designed to
assess the efficacy and cost-effectiveness of the grant or program to Management Analysis
and Development. The commissioner must consult with Management Analysis and
Development on those measurements. The consultation required under this section must be
completed within 30 days after the consultation is requested. After consultation, the
commissioner must incorporate measurements agreed upon through consultation with
Management Analysis and Development into grant applications, requests for proposals, and
contracts.
new text end

new text begin (b) In addition to any other reporting requirements that apply to grants, grant programs,
or any individually specified pass-through grants, the commissioner must report separately
to the legislature regarding grants of $500,000 or more, including a summary of how grant
funds were used. The report must incorporate the measurements agreed upon through
consultation with Management Analysis and Development under paragraph (a). If grant
funds are allowed to be used for longer than one year, the commissioner must issue annual
interim reports about the progress of the grant, including how much of the grant funds
remain unspent. A final report must be submitted to the legislature within 90 days of the
expiration of the grant.
new text end

new text begin (c) As a condition of receiving a grant, a grantee must agree to provide the commissioner
any information needed to complete the report required in paragraph (b).
new text end