summary
Introduced
01/05/2023
01/05/2023
In Committee
01/17/2023
01/17/2023
Crossed Over
Passed
Dead
05/20/2024
05/20/2024
Introduced Session
93rd Legislature 2023-2024
Bill Summary
A bill for an act relating to state government; requiring the state forecast include the rate of inflation; amending Minnesota Statutes 2022, section 16A.103, subdivisions 1a, 1b.
AI Summary
This bill requires the state forecast to include the rate of inflation. Specifically, it amends Minnesota Statutes to remove the provision that expenditure estimates must not include an allowance for inflation. Additionally, the bill requires the commissioner to consult with the chairs and lead minority members of the Senate State Government Finance Committee and the House of Representatives Ways and Means Committee, as well as legislative fiscal staff, when determining the rate of inflation and other variables to be included in the expenditure part of the forecast.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Rule 45-amend, subst. General Orders HF35, SF indefinitely postponed (on 02/01/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
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