SF 3354

as introduced - 89th Legislature (2015 - 2016) Posted on 04/04/2016 08:49am

A bill for an act
relating to higher education; creating reimbursement procedures for the University
of Minnesota for money from the environment and natural resources trust fund;
amending Minnesota Statutes 2014, section 137.025, by adding a subdivision.

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

Section 1.

Minnesota Statutes 2014, section 137.025, is amended by adding a
subdivision to read:

new text begin Subd. 2a. new text end

new text begin Appropriations from Minnesota environment and natural resources
trust fund. new text end

new text begin (a) The commissioner of management and budget shall pay no money to
the University of Minnesota pursuant to a direct appropriation from the Minnesota
environment and natural resources trust fund until the University of Minnesota requests
reimbursement for expenditures related to the direct appropriation. The reimbursement
request shall specify expenditures by appropriation. The commissioner of management
and budget shall reimburse the University of Minnesota by the 25th day of the month
following the reimbursement request. If the 25th day of the month falls on a Saturday,
Sunday, or holiday, the payment must be made by the first business day immediately
following the 25th day of the month.
new text end

new text begin (b) For each year the appropriation is available, the University of Minnesota must
submit an encumbrance request to the commissioner of management and budget by
July 31 for the prior fiscal year. The encumbrance request shall identify the amount the
university anticipates it will request for reimbursement for expenses in the prior fiscal
year by appropriation. The commissioner of management and budget shall maintain
this amount as an encumbrance at the state level until the university submits its final
reimbursement request for that fiscal year.
new text end

new text begin (c) Final requests for reimbursement must be made within 90 days from the last day
the appropriation is available to reimburse expenditures.
new text end