HF 1990

as introduced - 87th Legislature (2011 - 2012) Posted on 02/16/2012 01:08pm

A bill for an act
relating to higher education; clarifying the authority of the Minnesota State
Colleges and Universities system to continue operations during a budget impasse;
appropriating money; amending Minnesota Statutes 2010, section 136F.71,
subdivision 3, by adding a subdivision.

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

Section 1.

Minnesota Statutes 2010, section 136F.71, subdivision 3, is amended to read:

Subd. 3.

Interest income.

deleted text begin Beginning July 1, 1997, deleted text end Interest income attributable to
general fund dedicated receipts of the board is appropriated to the board. The board shall
allocate the income proportionately among the colleges and universities. The board shall
report this income separately in its biennial budget requests.

Sec. 2.

Minnesota Statutes 2010, section 136F.71, is amended by adding a subdivision
to read:

new text begin Subd. 5. new text end

new text begin Continued operation. new text end

new text begin Notwithstanding any other law to the contrary, to
the extent that the board has receipts under this section sufficient to continue operations,
the commissioner of management and budget shall provide the board with statewide
systems services under section 16A.1286 and access to its funds as deemed necessary by
the board to continue its operations. The board shall pay for the services received in
accordance with section 16A.1286, including any administrative services necessary for
the commissioner of management and budget to provide the statewide systems services.
Payments received by the commissioner of management and budget under this subdivision
are appropriated to the Department of Management and Budget for the purposes of
providing those services.
new text end

Sec. 3. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective July 1, 2012.
new text end