Minnesota Legislature
HF 2390
as introduced - 93rd Legislature (2023 - 2024) Posted on 03/02/2023 02:12pm
KEY: stricken = removed, old language.
underscored = added, new language.
Bill Text Versions
| Engrossments | ||
|---|---|---|
| Introduction | Posted on 03/01/2023 |
Current Version - as introduced
Line numbers
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1.5 1.6 1.7 1.8 1.9
1.5 1.6 1.7 1.8 1.9
A bill for an act
relating to insurance; reinsurance; transferring money to fund the Minnesota
premium security plan.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin TRANSFER.
new text end
new text begin
The commissioner of management and budget must transfer $261,732,000 in fiscal year
2024 from the general fund to the premium security plan account under Minnesota Statutes,
section 62E.25, subdivision 1, to fully fund the five-year waiver period for the state's
reinsurance program. This is a onetime transfer.
new text end