1st Engrossment - 86th Legislature (2009 - 2010) Posted on 02/09/2010 02:24am
A bill for an act
relating to economic development; requiring accountability measures and
reports as a condition for receiving state funds; proposing coding for new law
in Minnesota Statutes, chapter 116J.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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By October 1, 2009, the
commissioner of employment and economic development shall develop a uniform
accountability report for economic development or workforce related programs funded in
whole or in part by state or federal funds. The commissioner shall also develop a formula
for measuring the return on investment for each program and a comparison of the return
on investment of all programs funded in whole or in part by state or federal funds. The
requirements of this section apply to programs administered directly by the commissioner
or administered by other organizations under a grant made by the department. The report
and formula required by this subdivision shall be submitted to the chairs and ranking
minority members of the committees of the house of representatives and senate having
jurisdiction over economic development and workforce policy and finance by October 15,
2009, for review and comment.
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By December 31 of each even-numbered
year the commissioner must report to the chairs and the ranking minority members of
the committees of the house of representatives and the senate having jurisdiction over
economic development and workforce policy and finance the following information for
each program subject to the requirements of subdivision 1:
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(1) the target population;
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(2) the number of jobs affected by the program, including the number of net new
jobs created in the state and the average annual wage per job;
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(3) the number of individuals leaving the unemployment compensation program as
a result of the program;
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(4) the number of individuals leaving the Minnesota Family Investment Program
support as a result of the program;
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(5) the region of the state in which the program operated;
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(6) the amount of state or federal funds allocated to the program; and
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(7) the return on investment as calculated by the formula developed by the
commissioner.
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A recipient of a grant made by or through
the department must report to the commissioner by September 1 of each even-numbered
year on each of the items in subdivision 2 for each program it administers. The report
must be in a format prescribed by the commissioner.
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Beginning November 1, 2009, the commissioner shall provide notice to grant
applicants and recipients regarding the data collection and reporting requirements under
this subdivision and must provide technical assistance to applicants and recipients to assist
in complying with the requirements of this subdivision.
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The information collected and reported under
subdivisions 2 and 3 shall be included in budgets submitted to the legislature under
section 16A.11.
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This section is effective the day following final enactment.
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