HF 706

1st Engrossment - 90th Legislature (2017 - 2018) Posted on 02/22/2018 05:05pm

A bill for an act
relating to legacy; providing for maximum appropriations from legacy funds;
amending Minnesota Statutes 2016, sections 85.53, by adding a subdivision;
97A.056, by adding a subdivision; 114D.50, by adding a subdivision; 129D.17,
by adding a subdivision.

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

Section 1.

Minnesota Statutes 2016, section 85.53, is amended by adding a subdivision
to read:

new text begin Subd. 6. new text end

new text begin Maximum appropriation. new text end

new text begin In any fiscal year, at least five percent of that year's
projected tax receipts determined by the most recent forecast for the parks and trails fund
must not be appropriated.
new text end

Sec. 2.

Minnesota Statutes 2016, section 97A.056, is amended by adding a subdivision to
read:

new text begin Subd. 22. new text end

new text begin Maximum appropriation. new text end

new text begin In any fiscal year, at least five percent of that
year's projected tax receipts determined by the most recent forecast for the outdoor heritage
fund must not be appropriated.
new text end

Sec. 3.

Minnesota Statutes 2016, section 114D.50, is amended by adding a subdivision to
read:

new text begin Subd. 7. new text end

new text begin Maximum appropriation. new text end

new text begin In any fiscal year, at least five percent of that year's
projected tax receipts determined by the most recent forecast for the clean water fund must
not be appropriated.
new text end

Sec. 4.

Minnesota Statutes 2016, section 129D.17, is amended by adding a subdivision to
read:

new text begin Subd. 5. new text end

new text begin Maximum appropriation. new text end

new text begin In any fiscal year, at least five percent of that year's
projected tax receipts determined by the most recent forecast for the arts and cultural heritage
fund must not be appropriated.
new text end