The bill (S.F. No. 2465) requires the Minnesota Commissioner of Employment and Economic Development to submit an annual report, starting January 15, 2026, detailing the performance of organizations that received workforce development grants in the previous fiscal year.

The report must include: - The purpose and amount of each grant. - The organization's past grants received from the department. - Other state and federal funding awarded to the grantee. - The number of Minnesotans served and those completing workforce training. - Job placement success rates and cost-effectiveness calculations. - The organization's charitable giving ratio. - If grant funds were used to serve non-Minnesota residents, an explanation must be provided.

Certain reporting requirements do not apply to grants without measurable outcomes. Additionally, the commissioner is not required to retroactively collect data that was not previously gathered.