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MN SF2845
Bill
Status
3/1/2018
Primary Sponsor
Greg Clausen
Click for details
AI Summary
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Legislative auditor is requested to conduct a program evaluation of permanent school fund asset management, including land, mineral, and timber assets, no later than February 1, 2019
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Evaluation must assess the feasibility of authorizing school districts to borrow money for capital improvements from the permanent school fund
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Evaluation must examine governance relationships between the Legislative Permanent School Fund Commission, the Department of Natural Resources, and the school trust lands director
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Request is made consistent with authority provided under Minnesota Statutes, section 3.971
Legislative Description
Permanent school fund assets management program evaluation by legislative auditor requirement
Last Action
Comm report: To pass as amended and re-refer to State Government Finance and Policy and Elections
3/21/2018