MN SF2675

Removes the requirement that Minnesota's state budget forecast include inflation as a factor when estimating expenditures

Prohibits expenditure estimates from including any allowance for inflation under the revised forecast parameters

Eliminates references to "the rate of inflation" and "the application of inflation" from the list of forecast variables the commissioner must consult with legislative leaders about

Amends Minnesota Statutes 2024, section 16A.103, subdivisions 1a and 1b

Effective the day following final enactment