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MN HF3117
Bill
Status
2/3/2022
Primary Sponsor
Carlie Kotyza-Witthuhn
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AI Summary
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Amends Minnesota Statutes 2020, section 46.131, subdivision 11, to modify the financial institutions account in the special revenue fund.
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The financial institutions account receives funds from assessments, examination fees, and revenues from multiple statutory provisions related to financial institution regulation and commerce.
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Earnings from account assets, including interest and dividends, are credited to the account.
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Funds in the account are annually appropriated to the commissioner of commerce for activities under this section.
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The amendment is effective July 1, 2022.
Legislative Description
Financial institution account additional funding provided, and money appropriated.
Last Action
Introduction and first reading, referred to Commerce Finance and Policy
2/3/2022