Minnesota HF4914 mandates fraud risk scoring and benchmarks for political subdivisions, establishes a pilot program, and requires a report.

Minnesota HF4914 requires the state auditor to develop a uniform fraud risk scoring methodology for political subdivisions. The state auditor must assign a fraud risk score to each political subdivision, which measures the relative risk of fraud, waste, abuse, or mismanagement. A political subdivision must attain or exceed a minimum acceptable fraud risk benchmark score to be eligible for a grant. The state auditor must establish a pilot program to test and refine the fraud risk scoring system, which must operate for at least 18 months.

Minnesota HF4914 mandates fraud risk scoring and benchmarks for political subdivisions, establishes a pilot program, and requires a report.

Minnesota HF4914 requires the state auditor to develop a uniform fraud risk scoring methodology for political subdivisions. The state auditor must assign a fraud risk score to each political subdivision, which measures the relative risk of fraud, waste, abuse, or mismanagement. A political subdivision must attain or exceed a minimum acceptable fraud risk benchmark score to be eligible for a grant. The state auditor must establish a pilot program to test and refine the fraud risk scoring system, which must operate for at least 18 months.