MN SF4454

State budget forecasts must include estimates of the budgetary impacts of fraud committed against state programs, affecting both revenues and expenditures

Commissioner of Management and Budget must consult with chairs and lead minority members of the Senate Finance and Taxes Committees, House Ways and Means and Taxes Committees, and legislative fiscal staff on fraud impact forecasting

Consultation on fraud variables must occur at least three weeks before forecast release, with notification of any changes required at least two weeks prior

Amends Minnesota Statutes section 16A.103 by adding a new subdivision (1k) specifically addressing fraud impact estimation requirements