MN SF4302

Increases Minnesota's budget reserve account statutory cap from $2,852,098,000 to $3,421,764,000, an increase of approximately $569.7 million

Aligns the statutory budget reserve limit with the current actual balance in the account

Maintains the existing priority order for allocating positive general fund balances: first to the cash flow account (up to $350 million), then to the budget reserve, then to school district aid payments

Effective the day following final enactment