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MN HF233
Bill
Status
Introduced
1/12/2017
Primary Sponsor
Clark Johnson
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AI Summary
- Commissioner of management and budget shall transfer funds to the general fund budget reserve so the balance equals 4.9 percent of total nondedicated general fund revenue for fiscal years 2016 and 2017
- Transfer amount is estimated at $147,000,000
- Transfer is a onetime action
- Provision becomes effective the day following final enactment
Legislative Description
Budget reserve increased to the level recommended by the management and budget commissioner.
Last Action
Introduction and first reading, referred to State Government Finance
1/12/2017
Committee Referrals
State Government Finance1/12/2017
Full Bill Text
No bill text available