SF 454

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to higher education; making the state grant
program a forecasted expenditure program; amending
Minnesota Statutes 2004, section 136A.121, subdivision
3, by adding a subdivision; repealing Minnesota
Statutes 2004, section 136A.121, subdivision 7.

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

Section 1.

Minnesota Statutes 2004, section 136A.121,
subdivision 3, is amended to read:

Subd. 3.

Allocation.

Grants must be awarded deleted text begin on a funds
available basis deleted text end to those applicants who meet the office's
requirements.

Sec. 2.

Minnesota Statutes 2004, section 136A.121, is
amended by adding a subdivision to read:

new text begin Subd. 18. new text end

new text begin Forecasted program. new text end

new text begin The commissioner of
finance shall forecast expenditures under section 16A.103 for
the state grant program governed by this section.
new text end

Sec. 3. new text begin REPEALER.
new text end

new text begin Minnesota Statutes 2004, section 136A.121, subdivision 7,
is repealed.
new text end

Sec. 4. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 3 are effective July 1, 2006. Section 2 is
effective July 1, 2005.
new text end