HF 4462

HF4462 SECOND ENGROSSMENT  REVISOR  SGS  H4462-2
This Document can be made available  Printed
in alternative formats upon request  State of Minnesota  Page No.    330
  HOUSE OF REPRESENTATIVES
  NINETY-FOURTH SESSION
  H. F. No.  4462
03/18/2026    Authored by Klevorn, Bahner, Pursell, Nash and Engen
  The bill was read for the first time and referred to the Committee on State Government Finance and Policy
04/07/2026    Adoption of Report: Placed on the General Register as Amended
  Read for the Second Time
05/04/2026    Calendar for the Day, Amended
  Read Third Time as Amended
  Passed by the House as Amended and transmitted to the Senate to include Floor Amendments
1.1A bill for an act
1.2relating to state government; authorizing the rounding of a payment or transfer of
1.3cash; requiring the commissioner to provide a standard template summary page
1.4for requests for proposals; amending Minnesota Statutes 2024, section 16B.97,
1.5subdivision 4; proposing coding for new law in Minnesota Statutes, chapter 16A.
1.6BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.7Section 1. [16A.402] CASH TRANSACTION ROUNDING.
1.8Subdivision 1. Authorization to round cash transactions. (a) Notwithstanding any
1.9other provision of law, an agency entering into any transaction with a person that results in
1.10a payment or transfer of cash between the parties to the transaction may round the payment
1.11in the following manner:
1.12(1) in any case in which the total transaction amount ends with one cent, two cents, six
1.13cents, or seven cents as the final digit, the amount of cents in the sum shall be rounded down
1.14to the nearest amount divisible by five;
1.15(2) in any case in which the total transaction amount ends with three cents, four cents,
1.16eight cents, or nine cents as the final digit, the amount of cents in the sum shall be rounded
1.17up to the nearest amount divisible by five; and
1.18(3) notwithstanding clause (1), transactions in which the transaction total is $0.01 or
1.19$0.02 shall be rounded up to $0.05.
1.20(b) A party authorized to engage in a transaction on behalf of an agency may round the
1.21payment in the manner directed by the agency consistent with this section.
Section 1.  1
HF4462 SECOND ENGROSSMENT  REVISOR  SGS  H4462-2
2.1      (c) This section does not apply to a transaction for which payment is made by electronic
2.2  fund transfer, check, gift card, money order, credit card, or other similar instrument or
2.3  method.
2.4      Subd. 2. Policy posted. An agency that engages in cash transactions must establish a
2.5  policy for rounding cash transactions consistent with this section and post the policy at each
2.6  location where cash transactions occur.
2.7      EFFECTIVE DATE. This section is effective the day following final enactment.
2.8    Sec. 2. Minnesota Statutes 2024, section 16B.97, subdivision 4, is amended to read:
2.9      Subd. 4. Duties. (a) The commissioner shall:
2.10     (1) create general grants management policies and procedures that are applicable to all
2.11 executive agencies. The commissioner may approve exceptions to these policies and
2.12 procedures for particular grant programs. Exceptions shall expire or be renewed after five
2.13 years. The commissioner must report each approved exception to the chairs and ranking
2.14 minority members of the legislative committees with jurisdiction over the agency. Executive
2.15 agencies shall retain management of individual grants programs;
2.16     (2) provide a central point of contact concerning statewide grants management policies
2.17 and procedures;
2.18     (3) serve as a resource to executive agencies in such areas as training, evaluation,
2.19 collaboration, and best practices in grants management;
2.20     (4) ensure grants management needs are considered in the development, upgrade, and
2.21 use of statewide administrative systems and leverage existing technology wherever possible;
2.22     (5) oversee and approve future professional and technical service contracts and other
2.23 information technology spending related to executive agency grants management systems
2.24 and activities;
2.25     (6) provide a central point of contact for comments about executive agencies violating
2.26 statewide grants governance policies and about fraud and waste misuse in grants processes;
2.27     (7) forward received comments to the appropriate agency for further action, and may
2.28 follow up as necessary;
2.29     (8) provide a single listing of all available executive agency competitive grant
2.30 opportunities and resulting grant recipients;
Sec. 2.  2
HF4462 SECOND ENGROSSMENT  REVISOR  SGS  H4462-2
3.1      (9) selectively review development and implementation of executive agency grants,
3.2  policies, and practices; and
3.3      (10) selectively review executive agency compliance with best practices.; and
3.4      (11) provide a standard template summary page for requests for proposals (RFP) that
3.5  represent key information about the grant opportunity in a clear and accessible format. The
3.6  template must include information regarding the purpose of the program, applicant eligibility,
3.7  funding availability and award structure, grant administration requirements, and the
3.8  application process. The summary page does not replace or supersede any specific
3.9  requirement in the full RFP.
3.10     (b) The commissioner may determine that it is cost-effective for agencies to develop
3.11 and use shared grants management technology systems. This system would be governed
3.12 under section 16E.01, subdivision 3, paragraph (b).
Sec. 2.  3