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MN SF4845
Bill
Status
Introduced
3/11/2024
Primary Sponsor
Sandra Pappas
Click for details
AI Summary
- Amends Minnesota Statutes section 16A.642, subdivision 1 to change the annual reporting deadline for the commissioner of management and budget from January 1 to February 1 of each year
- The report covers state bond authorizations, bonds supported by state appropriations, and general fund money appropriated for capital projects and programs enacted more than four years prior
- Reports must detail projects where less than 100 percent of authorized costs have been expended or obligated, including remaining general fund balances and unissued bonds
- Commissioner must also report on appropriations and bond balances that may be canceled due to completed, canceled, or concluded projects, with automatic cancellation effective July 1 unless reauthorized by legislature
- Reports only apply to bond authorizations supported by state appropriations and general fund appropriations for projects authorized or amended after December 31, 2013
Legislative Description
State Government required report related to bonding date modification
Last Action
Author added Nelson
3/18/2024
Committee Referrals
Finance3/18/2024
Capital Investment3/11/2024
Full Bill Text
No bill text available