as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 02:20am
A bill for an act
relating to natural resources; authorizing sale of department gift cards and
certificates; appropriating money; proposing coding for new law in Minnesota
Statutes, chapter 84.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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The commissioner
may sell gift cards and certificates that can be used to purchase licenses, permits, products,
or services sold by the commissioner. Gift cards and certificates are valid until they are
redeemed. The commissioner may advertise the availability of this program and items
offered for sale under this section.
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Proceeds of gift card and certificate sales shall be
deposited in an account in the special revenue fund. When gift cards or certificates are
redeemed, funds shall be transferred to the appropriate account or fund based on the
license, permit, product, or service purchased. Money in the gift card and certificate
account shall accrue interest, which shall be credited to the account. Interest on funds in
the account is appropriated to the commissioner to help cover the cost of administering
the gift card and certificate program. Money from gift cards and certificates sold but
unredeemed after three years shall be transferred to the various accounts and funds
receiving revenue from purchases of licenses, permits, products, or services purchased
with gift card or certificate redemptions in the last two fiscal years. Funds shall be
distributed based on the dollar value of cards redeemed for the various licenses, permits,
products, or services on a pro rata basis.
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This section is not subject to the
rulemaking provisions of chapter 14 and section 14.386 does not apply.
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