Grantee fraud risk rating system and corresponding grants management required, and money appropriated.

HF 3682 requires Minnesota's commissioner of management and budget to establish a grantee fraud risk rating system for state agencies administering grants, based on vendor risk management principles. This system will set specific grants management requirements for agencies, directly affecting all state executive agencies that distribute or manage grant funds. The bill mandates the commissioner to create centralized policies, serve as a point of contact for grants management, oversee technology systems, and provide a single public listing of grant opportunities and recipients. It also authorizes the commissioner to approve exceptions to these policies for specific programs, with exceptions expiring after five years. The law aims to standardize fraud prevention and improve oversight across all state grant programs.