Minnesota Legislature
HF 474
as introduced - 87th Legislature (2011 - 2012) Posted on 02/10/2011 10:47am
Bill Text Versions
| Engrossments | ||
|---|---|---|
| Introduction | Posted on 02/10/2011 |
Current Version - as introduced
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14
A bill for an act
relating to public safety; allocating funds contained in fire safety account;
amending Minnesota Statutes 2010, section 297I.06, subdivision 3.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2010, section 297I.06, subdivision 3, is amended to read:
Subd. 3.
Fire safety account, annual transfers, allocation.
A special account, to
be known as the fire safety account, is created in the state treasury. The account consists
of the proceeds under subdivisions 1 and 2. deleted text begin $468,000 in fiscal year 2008, $4,268,000
in fiscal year 2009, $9,268,000 in fiscal year 2010,deleted text end $5,968,000 in fiscal year 2011deleted text begin ,deleted text end and
$2,368,000 in each year thereafter is transferred from the fire safety account in the special
revenue fund to the general fund to offset the loss of revenue caused by the repeal of
the one-half of one percent tax on fire insurance premiums.new text begin The remaining funds in the
account must be appropriated to the commissioner of public safety for the purposes
identified in section 299F.012.
new text end