Establishes a grantee fraud risk rating system and grants management requirements for Minnesota executive agencies.

The bill mandates the creation of a grantee fraud risk rating system and corresponding grants management requirements for all executive agencies in Minnesota. These requirements will be informed by vendor risk management principles. The commissioner will oversee these policies, which can include exceptions for specific grant programs, expiring or renewed after five years.

Establishes a grantee fraud risk rating system and grants management requirements for Minnesota executive agencies.

The bill mandates the creation of a grantee fraud risk rating system and corresponding grants management requirements for all executive agencies in Minnesota. These requirements will be informed by vendor risk management principles. The commissioner will oversee these policies, which can include exceptions for specific grant programs, expiring or renewed after five years.