1.1 	A bill for an act
1.2 	relating to state government; specifying balances in
1.3 	certain internal service funds; providing for transfer
1.4 	of certain amounts to the general fund; amending
1.5 	Minnesota Statutes 2004, section 16B.48, by adding a
1.6 	subdivision.
1.7 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.8 	Section 1. Minnesota Statutes 2004, section 16B.48, is
1.9 	amended by adding a subdivision to read:
1.10 		Subd. 4a.Unobligated balances. For each fund or account
1.11 	governed by this section, the commissioner must attempt to set
1.12 	rates so that the cash balance in the fund or account will not
1.13 	exceed two months' operating obligations for that fund or
1.14 	account.  If at the end of a fiscal year the cash balance in a
1.15 	fund or account exceeds two months' operating obligations, the
1.16 	commissioner must:  (1) transfer the excess to the general fund,
1.17 	except to the extent that federal law or the state constitution
1.18 	provides otherwise; and (2) adjust the rates as necessary to
1.19 	comply with the two-month standard of this subdivision.
1.20 	
EFFECTIVE DATE. This section is effective July 1, 2005.