SF 5499

as introduced - 93rd Legislature (2023 - 2024) Posted on 05/02/2024 09:20am

A bill for an act
relating to state finances; implementing requirements for state agency grant
administration accounting; requiring reports; proposing coding for new law in
Minnesota Statutes, chapter 16B.

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

Section 1.

[16B.982] GRANT ADMINISTRATION ACCOUNTING; REPORTING.

Subdivision 1.

Grant administration accounting.

Any amount retained from an
appropriation for a grant by a state agency for administrative costs must be accounted for
separately in the accounting system required under section 16A.15.

Subd. 2.

Grant administration reporting.

Each agency that is administering a grant
program or acting as a fiscal agent for a grant must report by February 1 of each year to the
chairs and ranking minority members of the senate finance committee, house of
representatives ways and means committee, and the committee with jurisdiction over the
appropriation for the grant or grant program on the amount that the agency is retaining for
administration of the grant. For each grant program, the report must include the following
information:

(1) the purpose of the grant and applicable law governing the grant program;

(2) the total amount appropriated for the grant program;

(3) the amount retained by the agency from an appropriation for a grant program by a
state agency for administrative costs;

(4) the total amount spent to administer the grant program and the source of the funds;
and

(5) an explanation and itemization of how the funds were spent to administer the grant.

EFFECTIVE DATE.

This section is effective July 1, 2024.