as introduced - 88th Legislature (2013 - 2014) Posted on 03/01/2013 09:25am
A bill for an act
relating to economic development; requiring an annual cost-of-living study;
appropriating money; proposing coding for new law in Minnesota Statutes,
chapter 116J.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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(a) The commissioner shall conduct an annual cost-of-living study in Minnesota.
The study shall include:
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(1) a calculation of the statewide basic needs cost of living, adjusted for family size;
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(2) a calculation of the basic needs cost of living, adjusted for family size, for each
county;
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(3) an analysis of statewide and county cost-of-living data, employment data, and
job vacancy data; and
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(4) recommendations to aid in the assessment of employment and economic
development planning needs throughout the state.
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(b) The commissioner shall report on the cost-of-living study and recommendations
by February 1 of each year to the governor and to the chairs of the standing committees
of the house of representatives and the senate having jurisdiction over employment and
economic development issues.
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$300,000 is appropriated from the general fund in fiscal year 2014 to the
commissioner of employment and economic development for the cost-of-living study
required under Minnesota Statutes, section 116J.013.
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