Minnesota Senate Bill SF2114

Minnesota 2023-2024 Regular Session

• Introduced: 2/27/23
• Refer: 2/27/23
• Report Pass: 3/30/23

Caption

Report requirement from agencies receiving arts and cultural heritage funding

Impact

If passed, SF2114 will amend Minnesota Statutes 2022, section 129D.17, by adding a new subdivision that formalizes the reporting process for agencies. This change is expected to improve oversight of the financial management of arts and cultural programs funded by the state, ensuring that funds are being used effectively and that the impact of these investments can be evaluated over time. The requirement for detailed reporting will also encourage better financial practices among funded organizations.

Summary

SF2114 aims to enhance accountability and transparency for agencies receiving funding from the arts and cultural heritage fund in Minnesota. The bill mandates that each fiscal agent receiving these funds must submit a biennial report detailing the distribution and use of funds. The report is to be submitted by February 15 of the next odd-numbered year and will include various elements such as an accounting of the funds distributed, unexpended money, and information on supported programs as well as competitive grant initiatives.

Contention

One notable point of contention could revolve around the potential administrative burden this bill places on smaller organizations that may struggle to meet these reporting requirements. While proponents argue that increased accountability is essential for responsible spending of public funds, opponents may raise concerns about the feasibility of compliance, particularly for entities with limited administrative capacity. Furthermore, discussions surrounding the bill could also highlight differing perspectives on the importance of arts funding and how best to evaluate its success.