Minnesota Legislature
HF 3488
as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
KEY: stricken = removed, old language.
underscored = added, new language.
Bill Text Versions
| Engrossments | ||
|---|---|---|
| Introduction | Posted on 02/27/2008 |
Current Version - as introduced
Line numbers
1.1
1.2
1.3
1.4
1.5 1.6 1.7
1.5 1.6 1.7
A bill for an act
relating to capital investment; providing for a debt limit; proposing coding for
new law in Minnesota Statutes, chapter 16A.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
new text begin
[16A.6415] DEBT LIMIT.
new text end
new text begin
The annual general fund appropriation for debt service must not exceed three percent
of nondedicated revenues, as determined by the commissioner of finance.
new text end