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16C.055 Barter arrangements limited.

Subdivision 1. Report. By January 15, 2002, the legislative auditor shall report to the legislature and governor on agency use of barter agreements in furtherance of an agency's mission. The report shall list the type and approximate value of each agency's agreement or agreements.

Subd. 2. Restriction. After July 1, 2002, an agency may not contract or otherwise agree with a nongovernmental entity to receive total nonmonetary consideration valued at more than $100,000 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 lottery.

HIST: 1Sp2001 c 10 art 2 s 38

Official Publication of the State of Minnesota
Revisor of Statutes