1998 Minnesota Statutes

     256J.03 TANF reserve account. 

    Subdivision 1.  The TANF reserve account is created in the 
 state treasury.  Funds retained or deposited in the TANF reserve 
 shall include:  (1) funds designated by the legislature; (2) 
 unexpended state funds resulting from the acceleration of TANF 
 expenditures under subdivision 2; (3) earnings available from 
 the federal TANF block grant appropriated to the commissioner 
 but not expended in the biennium beginning July 1, 1997; and (4) 
 TANF funds available in fiscal years 1998, 1999, 2000, and 2001 
 that are not spent or not budgeted to be spent in those years. 

    Funds deposited in the reserve account must be expended for 
 the Minnesota family investment program-statewide and directly 
 related state programs for the purposes in subdivision 3. 

    Subd. 2.    Authorization to accelerate expenditure of 
 TANF funds.  The commissioner may expend federal TANF block 
 grant funds in excess of appropriated levels for the purpose of 
 accelerating federal funding of the MFIP program.  By the end of 
 the fiscal year in which the additional federal expenditures are 
 made, the commissioner must deposit into the reserve account an 
 amount of unexpended state funds appropriated for assistance to 
 families grants, AFDC, and MFIP equal to the additional federal 
 expenditures.  Reserve funds may be spent as TANF appropriations 
 if insufficient TANF funds are available because of acceleration.

    Subd. 3.    Allowed transfer purpose.  Funds from the 
 reserve account may be used for the following purposes: 

    (1) unanticipated TANF block grant maintenance of effort 
 shortfalls; 

    (2) MFIP cost increases due to reduced federal revenues and 
 federal law changes; 

    (3) one-half of the MFIP general fund cost increase in 
 fiscal year 2000 and subsequent fiscal years due to caseload 
 increases over fiscal year 1999; and 

    (4) transfers allowed under section 256J.02, subdivision 4. 

    HIST: 1997 c 203 art 9 s 15; 1998 c 407 art 6 s 19