Providers, vendors, and individuals seeking to receive public money for providing services required to submit proof of operation and finances for the most recent three years.

This bill requires providers, vendors, and individuals applying for public funds to submit proof of recent operational history and financial records as part of their eligibility process. Applicants must demonstrate they have performed similar services over the past three years, provide audited financial statements or nonprofit tax forms from that period, and show good standing with the secretary of state if they are business or nonprofit entities. The law adds new requirements to Minnesota statutes governing financial screening for programs administered by state commissioners. These measures aim to establish clearer standards for verifying the legitimacy and financial stability of entities seeking government money.