Minnesota Senate Bill SF3064 Latest Draft

                            1.1	A bill for an act​
1.2 relating to finance; eliminating statutory authority for state agencies to retain grant​
1.3 amounts for administrative costs; repealing Minnesota Statutes 2024, section​
1.4 16B.98, subdivision 14.​
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.6 Section 1. REPEALER.​
1.7 Minnesota Statutes 2024, section 16B.98, subdivision 14, is repealed.​
1​Section 1.​
25-05146 as introduced​03/20/25 REVISOR SGS/MI​
SENATE​
STATE OF MINNESOTA​
S.F. No. 3064​NINETY-FOURTH SESSION​
(SENATE AUTHORS: MARTY, Rest and Frentz)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​03/27/2025​
Referred to Finance​ 16B.98 GRANTS MANAGEMENT PROCESS.​
Subd. 14.Administrative costs.Unless amounts are otherwise appropriated for administrative​
costs, a state agency may retain up to five percent of the amount appropriated to the agency for​
grants enacted by the legislature and formula grants and up to ten percent for competitively awarded​
grants. This subdivision applies to appropriations made for new grant programs enacted on or after​
July 1, 2023. This subdivision does not apply to grants funded with an appropriation of proceeds​
from the sale of state general obligation bonds.​
1R​
APPENDIX​
Repealed Minnesota Statutes: 25-05146​