HF 193

as introduced - 87th Legislature (2011 - 2012) Posted on 01/24/2011 09:30am

A bill for an act
relating to state finance; requiring a balanced budget prior to passage of other
legislation; 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.112] PRIORITY FOR PASSAGE OF BALANCED BUDGET.
new text end

new text begin Subdivision 1. new text end

new text begin General fund balanced budget. new text end

new text begin Notwithstanding any law to
the contrary, the legislature must balance the general fund budget before passing any
conference committee reports or identical bills to enact changes to Minnesota law that are
not applicable to the general fund budget or to appropriate money from a nongeneral fund
account or fund or to authorize state general obligation bonds and appropriate money from
the bond proceeds fund under section 16A.631 for capital projects. The budget must be
balanced by the passage of one or more conference committee reports or identical bills
in both houses that have the effect of balancing general fund revenues and expenditures
based on the forecasts under section 16A.103. In an even-numbered year, the legislature
must pass a balanced budget for the current biennium based on the November forecasts in
the previous odd-numbered year. In an odd-numbered year, the legislature must pass a
balanced budget for both the current and subsequent biennium based on the most recent
forecasts.
new text end

new text begin Subd. 2. new text end

new text begin Rules. new text end

new text begin Each house of the legislature must provide by rule that it will pass a
balanced general fund budget before passing any legislation that is not directly related to
balancing general fund revenue and expenditures for the current or subsequent biennium
based on the forecasts under section 16A.103.
new text end

new text begin EFFECTIVE DATE. new text end

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