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Minnesota Legislature

Office of the Revisor of Statutes

Key: (1) language to be deleted (2) new language

CHAPTER 5--H.F.No. 886

An act

relating to the state budget; exempting allocation of general fund balance at end of fiscal year 2009; requiring governor's general fund budget be balanced for fiscal years 2012 and 2013.

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

Section 1.

BALANCE CARRIED FORWARD.

Notwithstanding Minnesota Statutes, section 16A.152, subdivision 2, any positive unrestricted general fund balance on June 30, 2009, is carried forward in the general fund to fiscal year 2010.

EFFECTIVE DATE.

This section is effective the day following final enactment.

Sec. 2.

BALANCED BUDGET REQUIREMENT.

Notwithstanding any law to the contrary, a budget proposed by the governor and enacted for fiscal years 2010 and 2011 must also provide for a balanced general fund budget in fiscal years 2012 and 2013.

EFFECTIVE DATE.

This section is effective the day following final enactment.

Presented to the governor February 27, 2009

Signed by the governor March 2, 2009, 4:05 p.m.