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MN HF1815
Bill
Status
Introduced
2/28/2019
Primary Sponsor
Mary Murphy
Click for details
AI Summary
- Amends Minnesota Statutes section 340A.602 to exclude pension obligation costs (as required by Governmental Accounting Standards Board Statement 68) when calculating net losses for municipal liquor stores
- Requires a city council to hold a public hearing within 45 days before the end of the fiscal year following any two-loss-in-three-years period to determine whether to continue operating a municipal liquor store
- Mandates two weeks' notice in the city's official newspaper, written in clear and understandable language, before holding the continuation hearing
- Allows the city council to submit a discontinuation question to voters at a general or special municipal election, with the discontinuation date set no more than 30 months after the election
- Takes effect the day following final enactment
Legislative Description
Municipal liquor store accounting adjustment provided.
Last Action
Introduction and first reading, referred to Commerce
2/28/2019
Committee Referrals
Commerce2/28/2019
Full Bill Text
No bill text available