MN HF3682

Allow state agency heads to sell, demolish, or dispose of state-owned buildings estimated at less than $50,000 without approval; buildings valued at $50,000 or more require approval from the senate Finance Committee and house Ways and Means Committee chairs.

Restrict energy improvement financing agreements to 15 years from final project completion and require the financing term to be less than the average expected useful life of energy-saving measures implemented.

Authorize lease-purchase agreements under financing arrangements as customary in net lease or lease-purchase transactions, including covenants for insurance, liability, equipment rights, and recovery of lease rentals as liquidated damages.

Require state agencies using energy improvement programs to certify they will budget and commit sufficient funds for rent payments; allow the commissioner of management and budget to reduce agency operating budgets if rent payments are not made.

Change the commissioner of management and budget to the commissioner of administration for workers' compensation reinsurance association representation and membership rights; effective the day following enactment.