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Mandate Details

Description: Highway Debt Service: If this appropriation is insufficient to make all transfers required in the year for which it is made, the commissioner of management and budget must transfer the deficiency amount as provided under Minnesota Statutes, section 16A.641, and notify the chairs, ranking minority members, and staff of the legislative committees with jurisdiction over transportation finance and the chairs of the senate Finance Committee and the house of representatives Ways and Means Committee of the amount of the deficiency. Any excess appropriation cancels to the trunk highway fund.
Law: 2021 Minn. Laws 1st Spl. Sess. Chap. 5 Art. 1 Sec. 2 Subd. 3(e)
Agency(ies)/Supplier(s): Minn. Management & Budget
Due Date: 07/01/2022
Frequency: Biennial - 2 years
Subjects: Transportation - Finance
Transportation - Highways & Bridges
Committee/Agency Jurisdiction: Finance Committee - Senate
Transportation Finance
Ways and Means Committee - House of Representatives
Note: This is a "notify" mandate and may not actually result in a report.

Item(s) Received

No items received for this mandate.