H.F. 3119 Summary

• Establishes the State Agency Value Initiative (SAVI) program to encourage state agencies, including Minnesota State Colleges and Universities, to identify and implement cost-saving measures and efficiency improvements.

• Allows agencies to retain and carry forward 50 percent of unspent appropriations resulting from cost-saving innovations at the end of a biennium, with commissioner of management and budget approval.

• Retained savings must be used only for agency projects that directly support the agency's mission and cannot create future obligations beyond available funds.

• Requires each participating agency to establish a peer review panel with balanced representation of managers and cost-savings-credited employees to evaluate and recommend projects for funding.

• Mandates 30-day public notice on agency websites and Legislative Advisory Commission review before projects can receive funding approval from the SAVI-dedicated account.