as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 03/09/2005 |
A bill for an act
relating to state government; revising provisions
relating to proceeds from sales of state surplus
property; amending Minnesota Statutes 2004, section
16C.23, subdivisions 4, 6.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2004, section 16C.23,
subdivision 4, is amended to read:
The surplus services
revolving fund is a separate fund in the state treasury. new text begin Except
as otherwise provided in this section,new text end all money resulting from
the acquisition, acceptance, warehousing, distribution, and
public sale of surplus property, must be deposited in the fund.
Money paid into the surplus services revolving fund is
appropriated to the commissioner for the purposes of the
programs and services referred to in this section.
Minnesota Statutes 2004, section 16C.23,
subdivision 6, is amended to read:
The commissioner may do
any of the following to dispose of state surplus property:
(1) transfer it to or between state agencies;
(2) transfer it to a governmental unit or nonprofit
organization in Minnesota; or
(3) sell it and charge a fee to cover expenses incurred by
the commissioner in the disposal of the surplus property.
The proceeds of the sale less the fee new text begin must be allocated as
follows: (1) two-thirds of the proceeds must be deposited in
the general fund, except to the extent that federal law or the
Minnesota Constitution require the proceeds to be deposited in a
different fund; and (2) one-third of the proceeds new text end are
appropriated to the agency for whose account the sale was made,
to be used and expended by that agency to purchase similar state
property.
new text begin
Sections 1 and 2 are effective July 1, 2005.
new text end