as introduced - 92nd Legislature (2021 - 2022) Posted on 03/26/2021 01:55pm
A bill for an act
relating to economic development; directing the legislative auditor to conduct
financial audits of grants related to the COVID-19 pandemic.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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(a) The legislative auditor shall conduct financial audits of all COVID-19-related grant
programs administered by the state, local governments, and nonprofit organizations to
review grant program administration and compliance by both the grantors and recipients of
the grants.
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(b) The audits shall:
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(1) review whether recipients of grant awards met the requirements specified for the
grant;
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(2) examine whether grant awards were used in accordance with the eligible uses allowed
for a grant; and
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(3) evaluate financial information, including administrative expenses incurred by grantors.
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(c) The legislative auditor shall report the results of the financial audits required under
paragraph (a) to the chairs and ranking minority members of the legislative committees and
divisions with jurisdiction over economic development finance and policy by October 15,
2021.
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This section is effective the day following final enactment.
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