1st Engrossment - 91st Legislature (2019 - 2020) Posted on 07/09/2019 10:54am
A bill for an act
relating to state government; adding an exemption to the restriction on contract
nonmonetary consideration; amending Minnesota Statutes 2018, section 16C.055,
subdivision 2.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2018, section 16C.055, subdivision 2, is amended to read:
An agency may not enter into a contract or otherwise agree with
a nongovernmental entity to receive total nonmonetary consideration valued at more than
$100,000 annually in exchange for the agency providing nonmonetary consideration, unless
such an agreement is specifically authorized by law. This subdivision does not apply to the
State Lotterynew text begin , optical fiber owned by the state as of the effective date of this section,new text end or
private aquaculture businesses involved in state stocking contracts.