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MN SF4416

Bill

Official Source

Status

Introduced

3/16/2020

Primary Sponsor

Richard Cohen

Click for details

Origin

Senate

91st Legislature 2019-2020

AI Summary

  • Repeals Laws 2019, First Special Session chapter 6, article 11, section 17, which mandated a $491,369,000 reduction to the state budget reserve account effective July 1, 2021.
  • Reverses the fiscal year 2022 budget reserve reduction that was previously enacted during the 2019 legislative session.
  • Restores the full balance of the budget reserve account by eliminating the required drawdown provision.

Legislative Description

Budget reserve account reduction repeal authorization

Last Action

Referred to Finance

3/16/2020

Committee Referrals

Finance3/16/2020

Full Bill Text

No bill text available