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SF 2538

as introduced - 91st Legislature (2019 - 2020) Posted on 07/18/2019 03:16pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to state government; adding an exemption to the restriction on contract
nonmonetary consideration; amending Minnesota Statutes 2018, section 16C.055,
subdivision 2.

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

Section 1.

Minnesota Statutes 2018, section 16C.055, subdivision 2, is amended to read:


Subd. 2.

Restriction.

An agency may not enter into a contract or otherwise agree with
a nongovernmental entity to receive total nonmonetary consideration valued at more than
$100,000 annually in exchange for the agency providing nonmonetary consideration, unless
such an agreement is specifically authorized by law. This subdivision does not apply to the
State Lotterynew text begin , state-owned optical fiber,new text end or private aquaculture businesses involved in state
stocking contracts.