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MN SF2756

Bill

Official Source

Status

Introduced

3/19/2014

Primary Sponsor

Melisa Franzen

Click for details

Origin

Senate

88th Legislature 2013-2014

AI Summary

  • Requires Minnesota's state economic forecast to include the rate of inflation as a forecast variable
  • Removes the prohibition on including an allowance for inflation in expenditure estimates
  • Mandates the commissioner consult with legislative leadership and fiscal staff at least three weeks before releasing the forecast to determine the inflation rate and other forecast variables
  • Requires the commissioner to notify legislative committees and fiscal staff of any changes to inflation assumptions and other variables no later than two weeks before the forecast release

Legislative Description

State economic forecast rate of inflation inclusion requirement

Last Action

Referred to Finance

3/19/2014

Committee Referrals

Finance3/19/2014

Full Bill Text

No bill text available