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MN HF166
Bill
Status
1/14/2015
Primary Sponsor
Phyllis Kahn
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AI Summary
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Requires the outdoor heritage fund, clean water fund, parks and trails fund, and arts and cultural heritage fund to reimburse the legislative auditor for examination costs relating to financial activities of each fund.
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Commissioner of management and budget must transfer audit costs from the audited legacy fund to the legislative auditor upon verification by the legislative auditor.
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Appropriates necessary funds from the legacy fund that was audited to cover the cost transfer.
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Allows the legislative auditor to recommend a waiver and the Legislative Audit Commission to waive all or part of audit costs for any legacy fund.
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Effective the day following final enactment.
Legislative Description
Legacy fund transfer to legislative auditor required for costs incurred, and money appropriated.
Last Action
Introduction and first reading, referred to Legacy Funding Finance
1/14/2015