SF4116 Summary

• Adjusts E-12 education funding forecasts for fiscal years 2022-2023, including general education aid ($7.48 billion for 2022, $7.64 billion for 2023), special education, facilities, nutrition, and early education programs

• Makes adjustments to human services appropriations including Medical Assistance, MFIP/DWP, MinnesotaCare, housing support, and behavioral health funding based on forecast changes

• Increases budget reserve account target from $2.377 billion to $2.656 billion and modifies fund balance allocation priorities for positive unrestricted general fund balances

• Establishes Family Child Care Provider Onetime Payments Program providing equal payments to eligible family child care providers as frontline workers, excluding payments from income for eligibility purposes

• Repeals Minnesota Statutes section 16A.98 (Tobacco Securitization Bonds) and makes technical changes to state fiscal policy and tobacco bond provisions