Minnesota 2025-2026 Regular Session

Minnesota Senate Bill SF230 Latest Draft

Bill / Introduced Version Filed 01/15/2025

                            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​
1​Section 1.​
25-00653 as introduced​11/19/24 REVISOR SS/DG​
SENATE​
STATE OF MINNESOTA​
S.F. No. 230​NINETY-FOURTH SESSION​
(SENATE AUTHORS: DRAHEIM)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​01/16/2025​
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).​
2​Section 1.​
25-00653 as introduced​11/19/24 REVISOR SS/DG​