as introduced - 89th Legislature (2015 - 2016) Posted on 05/04/2016 08:44am
A bill for an act
relating to transportation; providing an annual appropriation for the small cities
assistance account; amending Minnesota Statutes 2015 Supplement, section
162.145, subdivision 2.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2015 Supplement, section 162.145, subdivision 2,
is amended to read:
new text begin (a) new text end A small cities
assistance account is created in the special revenue fund. The account consists of funds as
provided deleted text begin by lawdeleted text end new text begin under paragraph (b)new text end , and any other money donated, allotted, transferred,
or otherwise provided to the account. Money in the account may only be expended as
provided under this section.
new text begin
(b) On July 1 each year, the commissioner of management and budget must transfer
$25,000,000 from the general fund to the small cities assistance account under paragraph
(a). Money in the account is annually appropriated to the commissioner for distribution by
the commissioner of revenue under subdivisions 3 and 4.
new text end
new text begin
This section is effective the day following final enactment.
new text end