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MN SF147
Bill
Status
Introduced
1/17/2017
Primary Sponsor
Jerry Newton
Click for details
AI Summary
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The commissioner of management and budget shall transfer funds to the budget reserve in the general fund to reach 4.9 percent of total nondedicated general fund revenue for fiscal years 2016 and 2017.
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The estimated transfer amount is $147,000,000.
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This is a one-time transfer.
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The provision takes effect the day following final enactment.
Legislative Description
Budget reserve level increase
Last Action
Referred to Finance
1/17/2017
Committee Referrals
Finance1/17/2017
Full Bill Text
No bill text available