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MN HF1662
MN HF1662Economic welfare measurement established, state budget forecast inclusion of economic measure required, report required, and money appropriated.
summary
Introduced
02/25/2019
02/25/2019
In Committee
02/25/2019
02/25/2019
Crossed Over
Passed
Dead
05/17/2020
05/17/2020
Introduced Session
91st Legislature 2019-2020
Bill Summary
Economic welfare measurement established, state budget forecast inclusion of economic measure required, report required, and money appropriated.
AI Summary
This bill establishes a "genuine progress indicator" as a measure of economic welfare for the state of Minnesota. The bill requires the state budget forecast to compare this indicator against other measures of economic growth or well-being, and directs the University of Minnesota's Bureau of Business and Economic Research to calculate the indicator annually and report on its components and changes. The bill also appropriates $200,000 per year for fiscal years 2020 and 2021 to fund this work.
Committee Categories
Budget and Finance
Sponsors (19)
Jennifer Schultz (D)*,
Connie Bernardy (D),
Robert Bierman (D),
Andrew Carlson (D),
Jim Davnie (D),
Raymond Dehn (D),
Mike Freiberg (D),
Aisha Gomez (D),
Jeremy Munson (R),
Mohamud Noor (D),
John Persell (D),
John Poston (R),
Steve Sandell (D),
Jean Wagenius (D),
Ami Wazlawik (D),
Ryan Winkler (D),
Dan Wolgamott (D),
Tou Xiong (D),
Nick Zerwas (R),
Last Action
Author added Munson (on 03/05/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1662&ssn=0&y=2019 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF1662&version=0&session=ls91&session_year=2019&session_number=0&format=pdf |
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