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MN HF2466

Bill

Status

Introduced

3/17/2025

Primary Sponsor

Jeff Backer

Click for details

Origin

House of Representatives

94th Legislature 2025-2026

AI Summary

  • Amends Minnesota Statutes section 295.52, subdivision 8, governing contingent reductions in health care provider tax rates

  • Removes the "beginning in 2011" language, making the December 1 annual determination of the health care access fund balance an ongoing requirement without reference to the start date

  • Changes "shall" to "must" throughout the statute, updating language to current drafting standards without changing the substantive requirements

  • Maintains the existing trigger mechanism: provider tax rates must be reduced when the health care access fund's projected revenue-to-expenditure ratio exceeds 125 percent and the cash balance is adequate

  • Rate reductions continue to expire at the end of each calendar year and require annual redetermination by the commissioner of management and budget

Legislative Description

Provider taxes contingent reduction provisions modified.

Last Action

Committee report, to adopt and re-refer to Taxes

3/26/2025

Committee Referrals

Taxes3/26/2025
Health Finance & Policy3/17/2025

Full Bill Text

No bill text available