as introduced - 90th Legislature (2017 - 2018) Posted on 02/06/2017 04:32pm
A bill for an act
relating to economic development; revising contents of a required cost-of-living
study; amending Minnesota Statutes 2016, section 116J.013.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2016, section 116J.013, is amended to read:
(a) The commissioner shall conduct an annual cost-of-living study in Minnesota. The
study shall include:
(1) a calculation of the statewide basic needs cost of living, new text begin including reasonable
retirement and long-term care savings, new text end adjusted for family size;
(2) a calculation of the basic needs cost of living,new text begin including reasonable retirement and
long-term care savings,new text end adjusted for family size, for each county;
(3) an analysis of statewide and county cost-of-living data, employment data, and job
vacancy data; and
(4) recommendations to aid in the assessment of employment and economic development
planning needs throughout the state.
(b) The commissioner shall report on the cost-of-living study and recommendations by
February 1 of each year to the governor and to the chairs of the standing committees of the
house of representatives and the senate having jurisdiction over employment and economic
development issues.