This bill seeks to regulate the distribution of economic and workforce development grants in Minnesota by prohibiting these grants to nonprofit organizations that pay any of their officers or employees more than 125% of the governor's salary within a 12-month period. The salary cap will be adjusted annually based on changes in the governor's salary and the Consumer Price Index. This restriction does not apply to performance grants under a specific section of the law. The goal is to ensure that nonprofits receiving public funds are not using them to excessively compensate their executives.