1.1 A bill for an act 1.2 relating to economic development; requiring consultation and reports on grants 1.3 that exceed a certain dollar threshold; amending Minnesota Statutes 2024, section 1.4 116L.98, by adding a subdivision. 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. Minnesota Statutes 2024, section 116L.98, is amended by adding a subdivision 1.7to read: 1.8 Subd. 8.Requirements for grants of $500,000 or more.(a) Before issuing any economic 1.9development or workforce development grant of $500,000 or more, and before implementing 1.10any new grant program, the commissioner must submit draft measurements designed to 1.11assess the efficacy and cost-effectiveness of the grant or program to Management Analysis 1.12and Development. The commissioner must consult with Management Analysis and 1.13Development on those measurements. The consultation required under this section must be 1.14completed within 30 days after the consultation is requested. After consultation, the 1.15commissioner must incorporate measurements agreed upon through consultation with 1.16Management Analysis and Development into grant applications, requests for proposals, and 1.17contracts. 1.18 (b) In addition to any other reporting requirements that apply to grants, grant programs, 1.19or any individually specified pass-through grants, the commissioner must report separately 1.20to the legislature regarding grants of $500,000 or more, including a summary of how grant 1.21funds were used. The report must incorporate the measurements agreed upon through 1.22consultation with Management Analysis and Development under paragraph (a). If grant 1.23funds are allowed to be used for longer than one year, the commissioner must issue annual 1Section 1. 25-00653 as introduced11/19/24 REVISOR SS/DG SENATE STATE OF MINNESOTA S.F. No. 230NINETY-FOURTH SESSION (SENATE AUTHORS: DRAHEIM) OFFICIAL STATUSD-PGDATE Introduction and first reading01/16/2025 Referred to Jobs and Economic Development 2.1interim reports about the progress of the grant, including how much of the grant funds 2.2remain unspent. A final report must be submitted to the legislature within 90 days of the 2.3expiration of the grant. 2.4 (c) As a condition of receiving a grant, a grantee must agree to provide the commissioner 2.5any information needed to complete the report required in paragraph (b). 2Section 1. 25-00653 as introduced11/19/24 REVISOR SS/DG