HF 673

1st Engrossment - 87th Legislature (2011 - 2012) Posted on 02/28/2012 03:55pm

A bill for an act
relating to state government; requiring public value impact statements for certain
legislation; proposing coding for new law in Minnesota Statutes, chapter 3.

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

Section 1.

new text begin [3.99] PUBLIC VALUE IMPACT STATEMENT.
new text end

new text begin (a) If proposed legislation would result in a different level of public spending,
different financial obligations on a unit of local government, or different regulatory
burdens on the private sector, the house of representatives and senate chief authors of the
legislation must prepare a written public value impact statement for the bill. A public
value impact statement is the chief author's summary of why the author believes the
changes in spending, financial obligations imposed on a unit of local government, or
regulatory burdens are cost-beneficial.
new text end

new text begin (b) A public value impact statement must include a statement of the expected
outcomes of the bill and how performance of these outcomes will be measured or
evaluated. A public value impact statement must also include, but is not limited to, the
following other items, unless the chief author specifies on the statement that an item is
not applicable to the legislation:
new text end

new text begin (1) the anticipated costs and benefits of the bill to Minnesota's economy;
new text end

new text begin (2) the anticipated effects of the bill on the elderly, persons with disabilities, and
Minnesota citizens living in poverty;
new text end

new text begin (3) the regulatory benefits and burdens of the bill, and why the author believes the
benefits outweigh the burdens; and
new text end

new text begin (4) justification for increased financial obligations to be imposed on units of local
government.
new text end

new text begin (c) The house of representatives and the senate must each adopt rules specifying a
process under which public value impact statements will be considered by committees
considering bills for which a public value impact statement is required. A public value
impact statement must be maintained with official records of house of representatives
and senate committees.
new text end