1.1 	A bill for an act
1.2 	relating to state government; modifying fiscal note requirements;amending 
1.3 	Minnesota Statutes 2008, section 3.98, subdivision 2.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2008, section 3.98, subdivision 2, is amended to read:
1.6 		Subd. 2.Contents. (a) The fiscal note, where possible, shall:
1.7 	(1) cite the effect in dollar amounts;
1.8 	(2) cite the net increase or decrease in the total number of jobs in the state;
1.9 	(3) cite the net increase or decrease in the number of jobs held by Minnesota 
1.10 	residents;
1.11 	(4) estimate the average annual wages of jobs impacted;
1.12 	(2) (5) cite the statutory provisions affected;
1.13 	(3) (6) estimate the increase or decrease in revenues or expenditures;
1.14 	(7) estimate the effect on federal funds and any federal requirements including, but 
1.15 	not limited to, maintenance of effort requirements and state loan repayment obligations 
1.16 	associated with borrowing from federal funds;
1.17 	(4) (8) include the costs which may be absorbed without additional funds;
1.18 	(5) (9) include the assumptions used in determining the cost estimates; and
1.19 	(6) (10) specify any long-range implication.
1.20 	(b) The fiscal note may comment on technical or mechanical defects in the bill but 
1.21 	shall express no opinions concerning the merits of the proposal.

1.22 	EFFECTIVE DATE. This section is effective for fiscal notes requested after 
1.23 	January 1, 2011.