HF 4763

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/18/2024 04:01pm

A bill for an act
relating to state government; changing the date for a required report; amending
Minnesota Statutes 2022, section 16A.642, subdivision 1.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2022, section 16A.642, subdivision 1, is amended to read:

Subdivision 1.

Reports.

(a) The commissioner of management and budget shall report
to the chairs of the senate Committee on Finance and the house of representatives Committees
on Ways and Means and Capital Investment by deleted text begin January deleted text end new text begin February new text end 1 of each year on the
following:

(1) all laws authorizing the issuance of state bonds, bonds supported by a state
appropriation, or appropriating general fund money for state or local government capital
investment projects enacted more than four years before January 1 of that year; the projects
authorized to be acquired and constructed for which less than 100 percent of the authorized
total cost has been expended, encumbered, or otherwise obligated; the cost of contracts to
be let in accordance with existing plans and specifications shall be considered expended
for this report; and the amount of general fund money appropriated but not spent or otherwise
obligated, and the amount of bonds not issued and bond proceeds held but not previously
expended, encumbered, or otherwise obligated for these projects; and

(2) all laws authorizing the issuance of state bonds, bonds supported by a state
appropriation, or appropriating general fund money for state or local government capital
programs or projects other than those described in clause (1), enacted more than four years
before January 1 of that year; and the amount of general fund money appropriated but not
spent or otherwise obligated, and the amount of bonds not issued and bond proceeds held
but not previously expended, encumbered, or otherwise obligated for these programs and
projects.

(b) The commissioner shall also report on general fund appropriations for capital projects,
bond authorizations or bond proceed balances that may be canceled because projects have
been canceled, completed, or otherwise concluded, or because the purposes for which the
money was appropriated or bonds were authorized or issued have been canceled, completed,
or otherwise concluded. The general fund appropriations, bond authorizations or bond
proceed balances that are unencumbered or otherwise not obligated that are reported by the
commissioner under this subdivision are canceled, effective July 1 of the year of the report,
unless specifically reauthorized by act of the legislature.

(c) The reports required by this subdivision shall only contain bond authorizations
supported by a state appropriation and their associated general fund appropriations for
projects authorized or amended after December 31, 2013.