HF 3477

as introduced - 86th Legislature (2009 - 2010) Posted on 03/08/2010 09:53am

A bill for an act
relating to higher education; requiring notice of changes to administration
of financial aid programs; modifying transfer authority for grant programs;
amending Laws 2009, chapter 95, article 1, section 3, subdivision 21; proposing
coding for new law in Minnesota Statutes, chapter 136A.

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

Section 1.

new text begin [136A.129] LEGISLATIVE NOTICE.
new text end

new text begin The office shall notify the chairs of the legislative committees with primary
jurisdiction over higher education finance of any proposed material change to the
administration of any of the grant or financial aid programs in sections 136A.095 to
136A.128.
new text end

Sec. 2.

Laws 2009, chapter 95, article 1, section 3, subdivision 21, is amended to read:

Subd. 21. Transfers

The Minnesota Office of Higher Education
may transfer unencumbered balances from
the appropriations in this section to the state
grant appropriation, the interstate tuition
reciprocity appropriation, the child care
grant appropriation, the Indian scholarship
appropriation, the state work-study
appropriation, the achieve scholarship
appropriation, the public safety officers'
survivors appropriation, and the Minnesota
college savings plan appropriation. Transfers
from the new text begin state grant, new text end child care new text begin , new text end or state
work-study appropriations may only be made
to the extent there is a projected surplus in
the appropriation. A transfer may be made
only with prior written notice to the chairs
of the senate and house of representatives
committees with jurisdiction over higher
education finance.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end