The bill amends Minnesota Statutes 2022, section 129D.17, by adding a new subdivision that mandates reporting requirements for fiscal agents receiving funding from the arts and cultural heritage fund. Specifically, it requires these agents to submit a report by February 15 of the next odd-numbered year to the relevant legislative committees. The report must cover the two years preceding the submission and include detailed information such as an accounting of distributed and unexpended funds, summaries of supported programs, details on competitive grant programs, and information on grants awarded to individuals or organizations, including the completion status of funded projects.
This legislative change aims to enhance transparency and accountability regarding the use of arts and cultural heritage funding. By establishing a structured reporting process, the bill seeks to ensure that stakeholders are informed about how funds are allocated and the impact of the programs supported by these resources.
Statutes affected: Introduction: 129D.17