Establishes the SAVI program to encourage innovation and cost savings in Minnesota state agencies.

The bill establishes the state agency value initiative (SAVI) program to encourage innovation and cost savings in Minnesota state agencies. All state agencies, including Minnesota State Colleges and Universities, may participate. The program allows agencies to retain 50 percent of unspent appropriations for two years to fund specific projects. Agencies must organize a peer review panel to determine which proposals receive funding. The commissioner of management and budget must approve spending, and the Legislative Advisory Commission must review requests.

Establishes the SAVI program to encourage innovation and cost savings in Minnesota state agencies.

The bill establishes the state agency value initiative (SAVI) program to encourage innovation and cost savings in Minnesota state agencies. All state agencies, including Minnesota State Colleges and Universities, may participate. The program allows agencies to retain 50 percent of unspent appropriations for two years to fund specific projects. Agencies must organize a peer review panel to determine which proposals receive funding. The commissioner of management and budget must approve spending, and the Legislative Advisory Commission must review requests.