State contracts preclusion with a person or business convicted of fraud

This bill prohibits Minnesota state agencies from entering into contracts with companies owned by individuals convicted of specific crimes including theft, perjury, or forgery, or those held liable for making false claims against the state or federal government. The law applies to sole proprietorships, partnerships, and corporations by disqualifying any owner with an ownership interest in the business if they meet the criteria. State agencies must screen potential vendors against these criminal and liability records before awarding contracts for goods or services. The legislation aims to prevent state funds from going to businesses with owners who have demonstrated dishonest behavior in legal or financial matters.