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MN SF2109

Bill

Official Source

Status

Introduced

3/7/2019

Primary Sponsor

Julie Rosen

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Origin

Senate

91st Legislature 2019-2020

AI Summary

  • Amends Minnesota Statutes 2018, section 115B.421 regarding the closed landfill investment fund established in the state treasury
  • Changes spending authority from "by the commissioner" to require money be spent "as appropriated by law" after fiscal year 2020
  • Maintains fund management through the State Board of Investment to maximize long-term gain
  • Spending must comply with sections 115B.39 to 115B.444 and requires legislative appropriation
  • Referred to Environment and Natural Resources Policy and Legacy Finance committee on March 7, 2019

Legislative Description

Closed landfill investment fund procedures modification

Last Action

Comm report: To pass and re-referred to Finance

3/20/2019

Committee Referrals

Finance3/20/2019
Environment and Natural Resources Policy and Legacy Finance3/7/2019

Full Bill Text

No bill text available