This bill amends Minnesota Statutes to establish responsible contractor requirements for recipients of state loans and grants exceeding $50,000. Specifically, it introduces a new subdivision to section 16A.06, mandating that applicants for such loans submit a signed statement under oath certifying their compliance with minimum requirements outlined in section 16C.285, subdivision 3. The commissioner is authorized to delegate this responsibility to other state agencies through interagency agreements.
Additionally, the bill modifies section 16B.981, subdivision 2, to include a requirement for potential grantees to provide a signed statement under oath certifying their compliance with the same minimum requirements. This new requirement replaces a previous provision and is part of a broader pre-award risk assessment process that agencies must conduct before awarding grants of $50,000 or more. The assessment will evaluate the potential grantee's history, financial stability, and compliance with applicable laws to ensure they can fulfill the grant's obligations.
Statutes affected: Introduction: 16A.06, 16B.981