HF 227

as introduced - 90th Legislature (2017 - 2018) Posted on 02/06/2017 04:32pm

A bill for an act
relating to economic development; revising contents of a required cost-of-living
study; amending Minnesota Statutes 2016, section 116J.013.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2016, section 116J.013, is amended to read:

116J.013 COST-OF-LIVING STUDY; ANNUAL REPORT.

(a) The commissioner shall conduct an annual cost-of-living study in Minnesota. The
study shall include:

(1) a calculation of the statewide basic needs cost of living, new text begin including reasonable
retirement and long-term care savings, new text end adjusted for family size;

(2) a calculation of the basic needs cost of living, new text begin including reasonable retirement and
long-term care savings, new text end adjusted for family size, for each county;

(3) an analysis of statewide and county cost-of-living data, employment data, and job
vacancy data; and

(4) recommendations to aid in the assessment of employment and economic development
planning needs throughout the state.

(b) The commissioner shall report on the cost-of-living study and recommendations by
February 1 of each year to the governor and to the chairs of the standing committees of the
house of representatives and the senate having jurisdiction over employment and economic
development issues.