SAVI program for state agencies to encourage innovation and cost savings establishment

SF 636 establishes the State Agency Value Initiative (SAVI) program, allowing Minnesota state agencies (including Minnesota State Colleges and Universities) to retain 50% of unspent operational funds from a biennium when cost savings result from innovation or efficiency. Agencies must use these retained savings only for mission-related projects, subject to peer review by employee-led panels and approval from the commissioner of management and budget. Projects require 30-day public posting and must undergo review by the Legislative Advisory Commission before funding. The program takes effect June 30, 2025, and amends existing law to prioritize retained savings over standard budget lapse rules.